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Deal · Acquisition2 February 2026 · Closed

SpaceX acquires Elon Musk's AI startup xAI

The deal combines the rocket and satellite company with the maker of the Grok chatbot.

SpaceX Acquirer · xAI Target

The deal

Type
Acquisition
Amount
Not recorded
Status
Closed
Valuation
Not recorded
Region
United States
Date
2 February 2026

As of this development: a later development may record new terms.

Lifecycle

  1. AnnouncedNot recorded
  2. Closed2 February 2026 · This development

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Earlier deals in Minutes · xAI

xAI raises $20 billion Series E

6 January 2026 · Funding · Series D+ · $20B · Closed

The parties

xAI Target

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SpaceX Acquirer

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