SpaceX acquires xAI

2026-02-02 · Publisher : xAI · Domain : Artificial Intelligence

On February 2, 2026, SpaceX announces the acquisition of xAI (Grok, X) through a share exchange, for a combined valuation of about 1.25 trillion dollars, the largest known merger.

What changes

  • xAI valued at 250 billion USD and SpaceX at 1 trillion USD.
  • Share exchange: one xAI share for 0.1433 SpaceX share.
  • Rationale put forward by Elon Musk: space-based data centers for AI.
  • Grok and the X platform join SpaceX; official page: the entity operates under the name SpaceXAI LLC.

### Specifications - Announcement: 2026-02-02 (x.ai/news/xai-joins-spacex). - Restructuring in February-March, arrival of Michael Nicolls as president of xAI on April 10. - SpaceX initial public offering (Nasdaq, SPCX) on June 12, 2026 at 135 USD. ### Pricing Not applicable. ### Benchmarks Not applicable. ### Key takeaways The Grok brand is kept for the models; the vendor appears as SpaceXAI from summer 2026.

Links

Tags : xAI, SpaceX, SpaceXAI, Grok, Corporate