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SpaceX Bought xAI for $250 Billion in Stock. Here Is What the Record Really Means.

This story is from 2026-10-19. It is preserved in the archive; the latest stories are on the live feed.

It was all stock: xAI at about $250 billion, SpaceX at about $1 trillion, and about $1.25 trillion combined. Source: SpaceX S-1, May 20, 2026. In 2025 the AI segment spent $12.7 billion on capital expenditure against $3.2 billion of revenue (about 4.0×). Reuters reported connectivity revenue up 66%…

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  1. 2026-10-19 20:46 · DEV Community — AI
    SpaceX Bought xAI for $250 Billion in Stock. Here Is What the Record Really Means.

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