xAI

Amount: All-stock transaction (no cash consideration); All-stock transaction; Post-money valuation: xAI USD 250B (standalone basis) / Combined entity including SpaceX approx. USD 1.25T; Led by SpaceX | This is the terminal event on this page and a fundamental turning point in xAI's valuation narrative. In Feb 2026, SpaceX acquired xAI via an all-stock transaction, making xAI a wholly-owned subsidiary of SpaceX. Thereafter, 'xAI valuation' must be understood through two bases: standalone basis approx. USD 250B (pricing of the Feb 2026 transaction), and combined entity basis including SpaceX approx. USD 1.25T. Forge has explicitly marked xAI as 'no longer a private company,' and there are no independent xAI stock trades in the secondary market. Implication for investors: holding xAI equity