SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions
- Publisher
- Reuters
- Published
- 2026-02-02
- Type
- news report
- Link
- https://www.reuters.com/business/musks-spacex-merge-with-xai-combined-valuation-125-trillion-bloomberg-news-2026-02-02/
- Last checked
- 2026-10-26
- Rights
- reference only — we link and describe; we do not republish the text.
Cited in
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Money and Conflicts of Interest
Musk's government business: Project Meridian, the $5.9 billion launch award, AI ceilings, and the favors that cost nothing
In 2025-2026 Musk's companies won a $5.92 billion anticipated-value launch contract and a $200 million AI ceiling alongside competitors, DOJ dropped a SpaceX hiring case, and Musk joined a Pentagon warfare study.