SpaceX acquisition of xAI
SpaceX acquired Elon Musk's xAI in an all-stock deal ahead of a planned IPO.
- Company
- xAI
- Type
- M&A
- Status
- Completed
- Date
- 2 Feb 2026
- Value
- US$250bn
- Value basis
- All stock; xAI valued at about US$250bn and SpaceX at about US$1trn, reported
- Region
- US
- Segment
- Space and AI
Parties
- SpaceX buyer
- xAI shareholders seller
Key terms
- Structure
- All stock
- Combined value
- about US$1.25trn, reported
Sources
- Bloomberg: Musk's SpaceX combines with xAI at $1.25 trillion valuation news.bloomberglaw.com · 2 Feb 2026
- Yahoo Finance: SpaceX merges with xAI finance.yahoo.com · Feb 2026
Record ORB-INV-2026-0002. Investments are kept apart from the financings register and never counted in debt totals.