SpaceX’s announced merger with xAI in early 2026 valued the combined company at approximately $1.25 trillion, according to official disclosures and multiple reports.
Merger Details
In an official statement, SpaceX confirmed its acquisition of xAI in an all‑stock deal that valued SpaceX at around $1 trillion and xAI at approximately $250 billion, culminating in a combined valuation near $1.25 trillion, as reported by The Guardian and others. This deal brings xAI’s Grok chatbot and the X social media platform under SpaceX’s corporate umbrella.
IPO Plans
Sources such as ObjectWire report that internal valuations of the combined company have risen toward $1.75 trillion, with a nascent Nasdaq IPO targeting $30–50 billion in capital slated for summer 2026. However, these figures remain speculative and sourced from internal or secondary projections.
Industry outlets including Business Standard reference earlier projections that aimed for a $1.5 trillion valuation, with the possibility of raising up to $50 billion in the listing, indicating that the IPO plans and associated numbers are still evolving.
Verification Status
While the approximately $1.25 trillion merger valuation is corroborated by multiple reputable sources, the $1.75 trillion IPO valuation lacks confirmation from primary or official filings. Neither SpaceX nor xAI have publicly disclosed definitive IPO filings or prospectuses to verify these figures.
Conclusion
In summary, the early 2026 merger between SpaceX and xAI is a verified development, valued at around $1.25 trillion. Reports suggesting a follow‑on $1.75 trillion IPO remain speculative. Without official filings or regulatory disclosures, the higher valuation cannot yet be confirmed.