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acquisitionAnnounced · Feb 6, 2026Artificial IntelligenceSource · CredibleArticle · Factual

x.ai · SpaceX

SpaceX acquires x.ai

David Najork · Founding Software Engineer

Announced Feb 6, 2026 · Updated Apr 29, 2026 · 1 min read

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Deal value

$1.2T

Target

x.ai

Palo Alto, California

Acquirer

SpaceX

Full Acquisition

Status

Announced

SpaceX agreed to acquire x.ai. Reported deal value: $1.2T. Status: Announced. Sector: Artificial Intelligence. Target headquarters context: Palo Alto, California, United States.

This page summarizes publicly available information about the transaction as of 2026-02-06. Figures and status may change as filings and press coverage update.

s xAI Acquisition Avoids Debt , Taxes Company News Finance News Network February 06, 2026 07 :58 PM SpaceX acquisition of xAI , which runs social media platform X and created the Grok chatbot, used a triangular merger process that offers key financial and legal advantages

Deal timeline

Announced

Feb 6, 2026 · finnewsnetwork.com.au

Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.

Sector context

This transaction is classified in Artificial Intelligence with a reported deal value of $1.2T. Figures and status may change as sources update.

Sources: finnewsnetwork.com.au · Primary article · FireStrike proprietary index