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SpaceX acquires xAI as Musk looks to unify AI and space ambitions

visibility comment0 event February 3, 2026 timer 10:16

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Elon Musk’s rocket venture SpaceX is acquiring his artificial intelligence startup xAI, as he pursues plans to launch data centres in space. SpaceX is looking to launch one million satellites to serve as orbital data centres. The combined company is reportedly preparing for an initial public offering that would value it at US$1.25 trillion. The merger could reshape not just the AI race, but where and how the world’s computing power is built. CNA’s Julie Yoo was at the Space Summit 2026 in Singapore, where she spoke with Marion Andrieux, chief commercial officer at Infinite Orbits.

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