Exclusive-The sale of xAI comes with tax, financial and legal benefits for xAI and SpaceX investors
By Echo Wang, Milana Vinn and Matt Tracy NEW YORK, Feb 5 (Reuters) - Elon Musk used a common two-step merger process in SpaceX's purchase of xAI that had the dual benefit of avoiding the repayment of billions of dollars in debt while giving shareholders a tax advantage, according to people familiar