SpaceX combines with xAI at US$1.25tn valuationBloombergElon Musk is combining Space Exploration Technologies Corp (SpaceX) and x.AI Corp (xAI) in a deal that values the enlarged entity at US$1.25 trillion, as the world’s richest man looks to fuel his increasingly costly ambitions in artificial intelligence (AI) and space exploration. The deal gives SpaceX a valuation of US$1 trillion, and xAI a value of US$250 billion, people familiar with the matter said. Photo: APThe combined company’s valuation was announced to employees in a memo on Monday, some of the people said earlier. XAI raised funds at a US$230 billion valuation last month, while SpaceX was set to go ahead with a share sale in December at a valuation of about US$800 billion. The billionaire acquired social media platform Twitter in late 2022, renamed it X, then merged the site with his artificial intelligence start-up xAI in a US$33 billion deal.

Source: Taipei Times February 03, 2026 17:17 UTC