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Company · February 2, 2026

SpaceX announces it has acquired xAI

SpaceX announced on February 2, 2026 that it had acquired xAI. Bloomberg valued the combined company at $1.25 trillion, and Elon Musk's memo tied the deal largely to building data centers in space.

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TechCrunch
As of

The original report

This is a summary in our own words of a report by TechCrunch, dated February 2, 2026. Pad Zero SI did not report it; the full story, the details and any quotes are in the original.

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