SpaceX Acquires XAI, Valuation Soars to $1.25 Trillion
In a landmark move, SpaceX has officially acquired XAI, propelling the combined entity's valuation to an astonishing $1.25 trillion. The acquisition, which was finalized on February 2, 2026, marks a significant expansion of SpaceX's ambitions beyond aerospace into the burgeoning field of artificial intelligence. This strategic acquisition has been corroborated by multiple sources, including Bloomberg and Reuters, highlighting the deal's completion.
Despite the acquisition, SpaceX remains committed to pursuing an initial public offering (IPO), signaling its intent to leverage the enhanced capabilities of XAI to attract further investment and accelerate innovation. This move not only consolidates SpaceX's position in the tech landscape but also underscores the increasing convergence of aerospace and AI technologies.
Why it matters: This acquisition positions SpaceX at the forefront of AI innovation, potentially reshaping both the aerospace and tech industries.
Key Takeaways
- SpaceX's acquisition of XAI elevates its valuation to $1.25 trillion.
- The deal signals a strategic shift towards AI integration in aerospace.
- SpaceX plans to proceed with an IPO, leveraging XAI's capabilities.