SpaceX acquires xAI in record-setting deal, Palantir valuation concerns as stock soars

0 February 3, 2026 14:01

Market Catalysts anchor Julie Hyman breaks down the latest market news for February 3, 2026.

Elon Musk has confirmed that his private space company SpaceX will merge with his private AI developer xAI ahead of SpaceX’s IPO planned later this year. This merger is projected to be worth up to $1.25 trillion as Musk hopes to develop data centers in space.

Buttonwood Funds founding partner and managing member Joseph Alagna — whose firm is invested in both SpaceX and xAI — discusses the deal.

Palantir reported fourth quarter earnings on Monday that beat Wall Street’s expectations.
DA Davidson head of technology research Gil Luria discusses Palantir’s earnings, valuation concerns, plus the outlook for the company and stock.
#youtube #Palantir #AI #elonmusk #spacex #spacex

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