SpaceX announced the acquisition of artificial intelligence company xAI. xAI also owns the social network X. According to Bloomberg sources, as a result of the transaction, SpaceX’s market value was estimated at $ 1.25 trillion.
In a statement published on the company’s website, Elon Musk said that this step is aimed at creating “the most ambitious, vertically integrated innovation center” on Earth and beyond. According to him, the new structure will combine artificial intelligence, rocket technologies, satellite Internet and a platform for information exchange.
Musk noted that currently, advances in the field of artificial intelligence depend on large terrestrial data centers, which require a large amount of electricity and cooling. In the near future, meeting the global electricity demand for AI solely through terrestrial solutions could create difficulties for local communities and the environment.
According to his assessment, within 2-3 years, the cheapest way to create computing power for artificial intelligence will be in space. This cost-effectiveness will allow innovative companies to scale up AI model training and data processing at an unprecedented speed and scale, as well as accelerate the understanding of physics and the invention of technologies for the benefit of humanity.
SpaceX plans to launch “millions of tons” of payload into orbit each year using Starship rockets. According to Musk, by launching satellites that generate 100 kW of computing power per ton, it will be possible to obtain 100 GW of additional computing power for artificial intelligence each year, and this will be done without ongoing operating and maintenance costs.
One of the main priorities for the company will be the creation of orbital data centers. In addition, SpaceX will continue to develop the Starlink satellite network and maintain its plans for “flights to other planets.”
Musk said that the opportunities that will be available thanks to space data centers will allow financing for self-sufficient bases on the Moon, an entire civilization on Mars, and in the long term, expansion into the Universe.
According to Bloomberg, the deal between SpaceX and xAI is being carried out in the form of an all-stock exchange. The agreement values SpaceX at $ 1 trillion and xAI at $ 250 billion. xAI's assets also include the social network X.
Media sources reported that SpaceX planned to hold an IPO in early 2026. The company is said to be going public in the summer of 2026 and raising up to $ 50 billion at a valuation of $ 1.5 trillion. In late January, Reuters and Bloomberg also reported that Musk was considering mergers with other companies ahead of SpaceX's IPO.
