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TEXXR

Chronicles

The story behind the story

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SpaceX acquires xAI; sources say the all-stock deal values the combined company at $1.25T, with SpaceX valued at $1T and xAI at $250B; xAI burns ~$1B per month

Elon Musk's SpaceX has acquired xAI, in a deal that encompasses the billionaire's increasingly costly ambitions to dominate artificial intelligence and space exploration.

Bloomberg

Discussion

  • SpaceX SpaceX on x
    xAI joins SpaceX to Accelerate Humanity's Future
  • NewsMax.com Newsmax Wires on x
    Elon Musk's SpaceX, xAI to Unite Ahead of Mega IPO
  • @xai @xai on x
    One Team 🚀 https://x.ai/...
  • @spacex @spacex on x
    SpaceX has acquired xAI, forming one of the most ambitious, vertically integrated innovation engines on (and off) Earth → https://spacex.com/... [image]
  • @tanayj Tanay Jaipuria on x
    High level math on SpaceX <> xAI deal as reported Combined company worth $1.25T, roughly 80% SpaceX and 20% xAI. xAI itself was a merger of Twitter (~30%) and xAI (~70%).  Rough dollar split at current valuation between 3 cos: - SpaceX: ~$1T - xAI: ~$177B (raised at $24B only 20 …
  • @karpathy Andrej Karpathy on x
    @hardmaru You see SpaceX = Space + X
  • @johnhering @johnhering on x
    One of the most important moments in history. @SpaceX and @xai have joined forces to accelerate humanity. Very proud of both teams. This is just the beginning.
  • @jack_raines Jack Raines on x
    Thanks to the X creator payouts I think I'm now technically a part-time employee at SpaceX. Just updated my Linkedin. [image]
  • @compound248 @compound248 on x
    An 80:20 split for SpaceX + xAI seems like a horrible deal for SpaceX. Giving the #5 (if that!) AI company, with limited real revenue (+ Twitter), ownership of 20% of a truly world-changing rocket company is ridiculously bad for SpaceX shareholders. SpaceX doesn't need xAI. [imag…
  • @luke_metro @luke_metro on x
    Back in 2017, some friends at SpaceX got scared about Elon leveraging the company to bail out Tesla during the Model 3 manufacturing ramp. I wonder if these worries will come back with xAI
  • @mikeisaac Rat King on x
    (whether you think ai burn rates are ridiculous with no promise of a return or not is a separate and quite worthy discussion. but for game he's playing against the other labs, the timing today is good)
  • @somewheresy @somewheresy on x
    and xAI acquired X Corp last march, which means everyone getting payouts is now very strangely a 1099 contractor for SpaceX paid solely to shitpost
  • @loganbartlett Logan Bartlett on x
    Nikita Bier? The spacex employee?
  • @nikitabier Nikita Bier on x
    How do you enable push notifications on this device? [image]
  • @nexuist Andi on x
    Meaning that any country that tries to take down X posts or shut down Grok loses access to Starlink. National security monopoly as a feature
  • @apompliano Anthony Pompliano on x
    Imagine going to work at X and watching your equity value disappear into thin air...only to end up with pre-IPO SpaceX stock on the doorsteps of the largest IPO in history. Wild.
  • @gerberkawasaki Ross Gerber on x
    Received the merger docs for xAI. This is a done deal with spaceX valued at $1 trillion and xAI at $250 billion. SpaceX now owns xAI. $tsla
  • @mikeisaac Rat King on x
    im already getting tired of the spacex ipo stuff but i will say it's a (relatively) smart move for musk to do this now xAI's burn rate is absurd so he IPOs before openai and anthropic can get out to suck up all the capital from retail investors who “want exposure to AI”
  • @meghanbobrowsky Meghan Bobrowsky on x
    New: Shares in xAI will be converted to 0.1433 shares of SpaceX stock, and current and former X/xAI employees will have the option to cash out shares in the coming weeks, according to a copy of an email viewed by The Journal [image]
  • @elonmusk Elon Musk on x
    K2 or you're not even trying!
  • @mitsuhiko Armin Ronacher on x
    Love how Twitter's acquisition is failing upwards. https://x.com/...
  • @dylan522p Dylan Patel on x
    Google now owns more than 10% of Anthropic and XAI Google owned 14% of SpaceX https://www.spacex.com/...
  • @highyieldharry @highyieldharry on x
    If you bought the X bank debt & HY bonds, back at ~13% yields you've now parlayed your way into being a Creditor to the largest IPO ever. What a journey.
  • @mgsiegler M.G. Siegler on x
    We were promised flying cars and what we got was 140 characters... helping to fuel reusable rockets to space.
  • @parikpatelcfa @parikpatelcfa on x
    SpaceX, xAI and Tesla will eventually all merge into one company with the ticker $ELON
  • @dylanabruscato Dylan Abruscato on x
    Twitter employees realizing they now have pre-IPO SpaceX equity [video]
  • @rihardjarc Rihard Jarc on x
    $GOOGL besides Gemini has a 10-15% stake in Anthropic and a 7% stake in SpaceX that just bought xAI. This means that $GOOGL now has exposure in 3 of the 4 frontier AI labs.
  • @emostaque Emad on x
    IPO SpaceX with Grok 5 launch => ramp the share price to a Tesla merger for effective majority control? SpaceXai market cap should be = Tesla market cap right now...
  • @hardmaru @hardmaru on x
    Apparently this website now belongs to SpaceX?
  • @rough__sea Ryan Dahl on x
    Terawatts of AI compute launched each year?? If this becomes real, it's one of the strangest sci-fi timelines imaginable. Is this how von Neumann probes start?
  • @acedtect Tom Merritt on x
    Facebook is owned by an ad company. Youtube is owned by an ad company. This site is owned by a rocket company.
  • @thezvi Zvi Mowshowitz on x
    My guess is the combined valuation is substantially lower than the sum of two valuations on their own, but it's Musk so what do I know.
  • @chamath Chamath Palihapitiya on x
    One down, one to go... 🙏🏽
  • @gerberkawasaki Ross Gerber on x
    After a short negotiation with himself. Elon has decided to merge spaceX and xAI. $tsla
  • @davidgeorge83 David George on x
    Congratulations to @SpaceX, @xai and @X. We at @a16z are honored to be part of your journeys. Thrilled to see you take this step into the future together. Ad astra! @sarahdingwang [image]
  • @pinboard @pinboard on x
    Mariner acquires albatross
  • @toly @toly on x
    It's incredible that combined Elon and I have launched more rockets then anyone else on the earth and sold more cell phones then Bezos and Zuckerberg
  • @litcapital @litcapital on x
    “SpaceX, the social media company?” [image]
  • @contrariancurse @contrariancurse on x
    So let me gets this straight overpays for Twitter.  Makes xAI.  Uses AI hype cycle to absorb Twitter and make everyone whole.  Then uses SpaceX IPO hype to absorb that entity.  Will pump the living shit out of the SpaceX IPO and buy more stuff with equity?  Like of course people …
  • @netcapgirl Sophie on x
    me: i would like to buy a launch on a reusable rocket spaceX: ok me: i would also like high speed satellite internet spaceX: got it me: also do you know where i can find access to a frontier ai model and a social media site? spaceX: you're not gonna believe this
  • @elonmusk Elon Musk on x
    To the stars! @SpaceX & @xAI are now one company
  • @x @x on x
    To the future of humanity! https://x.ai/...
  • @jtlonsdale Joe Lonsdale on x
    Historic day 🇺🇸. This is now by far the most important company in the world.
  • @brucebuckman Bruce Buckman on bluesky
    Apart from [reads press release] all this bonkers shit, this now means that NASA partner SpaceX is the official owner of Grok, the non-consensual porn generator, a sentence you'd have trouble explaining to almost everyone throughout almost all of history.  —  www.spacex.com/updat…
  • @sethabramson Seth Abramson on bluesky
    Good news, American taxpayers!  You were already paying for SpaceX, but now you get to pay for Elon's gargantuan AI boondoggle too!  —  It's Earth's shittiest AI company!  And you get to finance it as it fails!  But any profit goes to Elon!  —  Congrats, taxpayers!
  • @jamesomalley.co.uk James O'Malley on bluesky
    I'm a SpaceX apologist and extremely bullish about Starship, but I simply do not believe that orbital data centres as described by Musk here are a plausible thing.  —  www.spacex.com/updates#xai-...
  • @goldy.horsesass.org Goldy on bluesky
    Between this and his Tesla robot army, it does seem like Elon is intending to build Skynet.
  • r/neoliberal r on reddit
    SpaceX acquiring AI startup xAI ahead of potential IPO
  • r/technology r on reddit
    SpaceX acquiring AI startup xAI ahead of potential IPO
  • r/StockMarket r on reddit
    SpaceX acquiring AI startup xAI ahead of potential IPO, 1.25 Trillion Valuation
  • r/technews r on reddit
    SpaceX acquiring AI startup xAI ahead of potential IPO
  • r/BetterOffline r on reddit
    Elon Musk's SpaceX has acquired his AI company, xAI
  • r/spacex r on reddit
    Its confirmed - SpaceX has officially acquired xAI
  • r/singularity r on reddit
    SpaceX acquiring AI startup xAI ahead of potential IPO, 1.25 Trillion valuation
  • r/wallstreetbets r on reddit
    Elon Musk's SpaceX to Combine with xAI Ahead of Mega IPO
  • @rmac Ryan Mac on bluesky
    Today is the third time Elon Musk has bought Twitter in four years.
  • @seldo.com Laurie Voss on bluesky
    Building data centers in space makes no sense btw and neither does this merger. www.nytimes.com/2026/02/02/t...  [image]
  • @carnage4life Dare Obasanjo on bluesky
    The turducken is live!  —  SpaceX has acquired xAI to hide two money losing products (X and Grok) in one money making business (Starlink).  —  I guess Elon's talks with himself to approve this deal went smoothly.  🙃
  • @robpegoraro.com Rob Pegoraro on bluesky
    Since Friday we've seen Blue Origin halt its space-tourism program so it can focus on building a human landing system for NASA, while SpaceX—which also owes NASA a lunar lander—will divert $250 billion in equity to ingest a money-burning AI platform so it can build 1 million data…
  • @luke_metro @luke_metro on x
    narrative violation: being a founding engineer at xAI was incredibly lucrative
  • @bamabonds Will Slaughter on x
    Elon rug-pulling SpaceX shareholders by diluting them out with $2 trillion plus of Tesla/Twitter funny money all while making himself the worlds first trillionaire via executive stock options is the greatest ever achievement in the the history of financial engineering.
  • @deredleritt3r Prinz on x
    Current SpaceX shareholders (including Google) are getting diluted from the xAI acquisition. Each xAI share is converting into 0.1433 shares of SpaceX stock. This should mean that Google's share in the combined company will likely be less than 14%, but let's wait and see until
  • @louisgray Louis Gray on bluesky
    Imagine being converted to .1433 shares with .142857 was right there.  Just say 1/7th and move on.  [embedded post]
  • @gerrylev @gerrylev on bluesky
    And knowing Elon it will be at least 10 years later than he predicted.
  • @graceihle Grace Kay on x
    XAI and SpaceX branding will stay separate for now, according to a Q&A shared with employees on Monday. Collaboration between the companies will also be limited due to regulations around defense and space tech. The company plans to hold an all-hands on the acquisition.
  • @trungtphan Trung Phan on x
    SpaceX's new team page after xAI acquisition: [image]
  • @rmac18 Ryan Mac on x
    Today is the third time Elon Musk has bought Twitter in four years.
  • r/ASTSpaceMobile r on reddit
    SpaceX acquires xAI
  • @p_remarks @p_remarks on x
    If xAI is “worth” $250B then OAI is worth $250T
  • @ketanjoshi.co Ketan Joshi on bluesky
    Not easy to make fun of this when there's a spectrum of this brand of solar maximalism within the more ‘serious’ energy world itself.  —  Musk basically shrugging and saying ‘solar and batteries will fix everything’ is a message progressives repeat constantly.....  www.spacex.com…
  • @petertl Peter Thal Larsen on bluesky
    Say what you like about AOL and Time Warner, but they never promised their merger would make a sentient sun to understand the Universe.  —  www.spacex.com/updates#xai-...  [image]
  • @neilcybart Neil Cybart on x
    One thing to keep in mind when it comes to a SpaceX and Tesla combination: Most Tesla shareholders and analysts are with Musk. If he says jump, they will ask how high. As shown in the tweet below from Ives, the logic for a SpaceX and Tesla combination is basically YOLO. Also,
  • @divestech Dan Ives on x
    SpaceX and xAI combine...Tesla next? In our view there is a growing chance that Tesla will eventually be merged in some form into SpaceX/xAI over time. The view is this growing AI ecosystem will focus on Space and Earth together.....and Musk will look to combine forces 🏆🍿🐂♟️🔥
  • r/Futurology r on reddit
    SpaceX acquires xAI in bid to develop orbital data centers
  • NewsMax.com Alex Pigman on x
    Musk Merges xAI, SpaceX to Power Space Data Centers
  • @danprimack Dan Primack on x
    Two things I didn't get into in Elon/SpaceX story this morning. 1/ This all is dependent on idea that AI will require continued data center scaling (i.e. more chips = more AI) — which may not prove true. If the unit economics fall, then this whole plan could falter. 2/ Makes
  • r/news r on reddit
    SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions