Overview
- SpaceX confirmed it acquired xAI, with company communications announcing the deal and Nevada records indicating completion on February 2.
- A mid‑2026 public listing is being prepared, with Bloomberg reporting a potential combined valuation near $1.25 trillion and the proceeds expected to help fund Starship.
- SpaceX has applied to the FCC to deploy up to one million satellites designed to host solar‑powered data centers for AI workloads.
- The combined operation brings together Starlink, the Grok chatbot and the social platform X, as Musk argues that space‑based AI is the only scalable path long term.
- xAI’s Grok faces ongoing investigations in Europe, India and California over harmful content, underscoring regulatory and reputational risks for the merged company.