SpaceX xAI Acquisition: Elon Musk Buys AI Startup Ahead of IPO

In February 2026, reports confirmed that Elon Musk moved to bring his AI startup xAI under the SpaceX umbrella, just as SpaceX prepares for a long-anticipated public listing. The timing raised eyebrows across tech and financial markets. xAI, launched in 2023, has grown fast with its Grok AI models and deep ties to Musk’s social platform, X. SpaceX, meanwhile, remains the world’s most valuable private space company.