US EditionElon Musk’s SpaceX to Acquire xAI, Creating World’s Most Valuable Private Company
- On 02/02/2026, Elon Musk, CEO of SpaceX, announced merging SpaceX with xAI to build orbital AI data centers, combining rocket capabilities with AI technology.
- Musk said the plan will harness orbital solar power to meet AI computing electricity demands while avoiding hardship on Earth and supporting Mars settlement ambitions.
- Using its reusable rockets and Starlink scale, SpaceX plans one million satellites as data centers, supported by Starship's goal of one flight per hour carrying payload.
- SpaceX is reportedly targeting a mid‑June IPO that could raise $50 billion, with Bloomberg estimating the combined valuation at $1.25 trillion and xAI valued at $230 billion.
- Neither financial terms nor a deployment timeline were disclosed, and the deal further intertwines Musk's business empire including Tesla and X amid AI funding strains.
246 Articles
246 Articles
Musk Merges 2 of His Companies
Elon Musk is rolling two of his biggest bets into one $1.25 trillion moonshot. Musk said Monday he's folding rocket company SpaceX and artificial intelligence startup xAI into a single operation he calls "the most ambitious, vertically-integrated innovation engine on (and off) Earth," tying together rockets, satellite internet, AI,...
Elon Musk, who also owns Tesla, justifies this preliminary merger as a step towards completing SpaceX's "next chapter": building in orbit giant photovoltaic power plants, more efficient than on Earth, combined with data centres from the AIA.
SpaceX and xAi become a company. Elon Musk pursues even larger goals with the new large company. Among other things, data centers are planned in space. Whether this works is in the stars.
Musk’s SpaceX Acquires xAI to ‘Accelerate Humanity’s Future’
Two of entrepreneur Elon Musk’s most pioneering companies, SpaceX and xAI, merged Monday with a combined goal of launching a “constellation of a million satellites” to operate as orbital data centers to power artificial intelligence (AI) innovations back on Earth. SpaceX acquired xAI to accelerate humanity’s future, according to a news release, by developing the most ambitious, vertically integrated innovation engine on and off Earth, with AI, r…
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