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Source: SpaceX acquired xAI for $250B; the announcement about the acquisition focuses on SpaceX's plans to launch data centers into space (The Information)

The Information : Source: SpaceX acquired xAI for $250B; the announcement about the acquisition focuses on SpaceX's plans to launch da...

2 February 2026

Sources: SpaceX plans to merge with xAI ahead of an IPO; the combined company is expected to price shares at ~$527 each and would have a valuation of $1.25T (Bloomberg)

Bloomberg:
Sources: SpaceX plans to merge with xAI ahead of an IPO; the combined company is expected to price shares at ~$527 each and would have a valuation of $1.25T  —  Elon Musk plans to merge SpaceX with xAI, according to people familiar with the matter, in a deal that encompasses …

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