SpaceX Buys xAI in Record $250 Billion Deal
SpaceX finalized a record acquisition of artificial intelligence company xAI, as Elon Musk announced the space firm’s valuation reaching one trillion dollars globally.
SpaceX has completed the acquisition of artificial intelligence company xAI in a deal valued at 250 billion dollars, marking the largest corporate purchase ever recorded.
Elon Musk confirmed the transaction on February 2, saying the agreement represents a major strategic move linking space technology with advanced artificial intelligence development.
Following the announcement, Musk also stated that SpaceX’s valuation has reached one trillion dollars, highlighting the rapid expansion of the company’s space and technology ambitions.
SpaceX is also preparing to enter stock markets later this year and has reportedly engaged several major international banks to manage its planned initial public offering.
Musk described the purpose of the acquisition as creating advanced intelligence capable of better understanding the universe and expanding human knowledge beyond Earth.
xAI, founded to compete with leading artificial intelligence firms, has focused on building advanced systems designed to accelerate scientific discovery and technological innovation globally.
Meanwhile, SpaceX continues expanding satellite internet services and deep space exploration programs, strengthening its position as one of the world’s most influential private aerospace companies.
Analysts believe combining artificial intelligence capabilities with space technology could reshape future innovation, potentially accelerating both commercial space expansion and advanced scientific research worldwide.
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