tech
February 4, 2026
Musk announces record merger
Elon Musk is combining SpaceX and xAI in a merger that reportedly values the enlarged company at $1.25 trillion
TL;DR
- SpaceX has acquired Elon Musk's AI startup xAI.
- The combined entity is valued at approximately $1.25 trillion, potentially the largest merger ever.
- The acquisition aims to integrate AI with SpaceX's existing technologies like rockets and satellite internet.
- Elon Musk believes space-based data centers are a future solution for AI's high power requirements.
- SpaceX is preparing for a large IPO later this year, with the combined company potentially valued over $1.5 trillion.
- Despite criticism of xAI's Grok chatbot for harmful content, it has attracted significant investor interest.
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