Elon Musk

IT & Telecommunications

SpaceX acquires xAI in deal valuing combined entity at $1.2 trillion

Wed, 04 Feb 2026

SpaceX has acquired artificial intelligence startup xAI in a transaction that media reports said values the combined entity at around $1.2 trillion, creating one of the most ambitious technology platforms ever assembled. Financial details were not formally disclosed by the companies.

TECH ARABIA

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Dubai FinTech Summit 2026

Dubai FinTech Summit 2026

Start Date 02 Nov 2026
End Date 03 Nov 2026
DUBAI , United Arab Emirates
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