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SpaceX ↔ xAI: every deal

All 2 deals between SpaceX and xAI: $252B in total since Jul 12, 2025, with dates, status and sources. Updated Nov 9, 2026.

SpaceX → xAI
$252B
SpaceX
xAI
Feb 2, 2026Acquisitionclosed$250B
SpaceX absorbs xAI: combined value $1.25 trillion
SpaceX → xAI · all stock; combined $1.25 trillion

All-stock merger: SpaceX valued at about $1 trillion and xAI (which owns X) at $250 billion. It is the largest merger ever.

Bloomberg LawFortune
Jul 12, 2025Investmentreported$2B
SpaceX invests $2 billion in xAI
SpaceX → xAI · part of the $5 billion equity round

According to the WSJ, SpaceX puts $2 billion into xAI's $5 billion equity round, which values it at $113 billion after the merger with X.

Reuters via Al ArabiyaBenzinga