Elon Musk has executed one of the most audacious corporate moves in modern tech history, announcing that SpaceX has officially acquired his artificial‑intelligence startup xAI. The record‑shattering deal fuses Musk’s spacefaring powerhouse with the creator of the Grok chatbot, uniting two of his most ambitious ventures under one strategic vision.
The acquisition, first revealed by Reuters, marks the largest merger and acquisition ever recorded surpassing Vodafone’s $203 billion takeover of Mannesmann in 2000. According to a source familiar with the transaction, the deal values SpaceX at a staggering $1 trillion and xAI at $250 billion, cementing Musk’s dominance across both aerospace and artificial intelligence.
Musk framed the merger in characteristically cosmic terms, declaring:
“This marks not just the next chapter, but the next book in SpaceX and xAI’s mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!”
The tie‑up positions SpaceX to accelerate its data‑center ambitions as Musk battles AI heavyweights including Google, Meta, Amazon‑backed Anthropic and OpenAI. With AI development increasingly driven by compute‑hungry chips, energy demands and massive data infrastructure, the combined company could wield unprecedented scale.
Insiders say the merged entity is expected to price shares at around $527 each, ahead of a blockbuster SpaceX IPO anticipated later this year an offering that could push the company’s valuation beyond $1.5 trillion.
The deal also tightens the web of interconnected companies informally dubbed the “Muskonomy.” Musk has a long history of blending his ventures: he folded social platform X into xAI last year through a share swap, and in 2016 used Tesla stock to acquire SolarCity. His empire now spans electric vehicles, rockets, AI, brain‑computer interfaces and tunneling technology.
SpaceX, xAI and Musk have not yet commented publicly on the acquisition.
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