Elon Musk’s massive $1.25 trillion decision to merge his SpaceX and xAI businesses has a lot of Texas ripples.
Gibson Dunn’s Dallas-based M&A co-chair Robert Little led the team representing SpaceX in the deal, while Sullivan & Cromwell headed the charge for xAI. The merger combines two of the largest privately held companies.
There may be even more legal business in store. The company is still expecting to hold what may be a $50 billion IPO later this year. Read More from Meghan Tribe.
Meanwhile, in Texas federal court: Musk was accused yesterday of systematically and intentionally destroying ...