Why SpaceXAI (formerly xAI) matters
SpaceX acquired xAI in an all-stock deal announced February 2, 2026, valuing the combined company at $1.25 trillion with $250 billion attributed to xAI. SpaceX then listed on Nasdaq as SPCX on June 12, 2026, making Grok's growth a reported metric for public investors. The AI unit, rebranded SpaceXAI, also absorbed Cursor when SpaceX closed that $60 billion acquisition on August 14, 2026.
The numberMerged into SpaceX on Feb 2, 2026 at a $250 billion attributed value; SpaceX IPO followed on June 12, 2026
On The Agentic 80
Listed under Frontier labs and platforms. The model makers whose agent products set the pace for everyone else.
On The All Things AI 100
Listed under Frontier labs. The companies training the largest models.
Quick answers
- What does SpaceXAI (formerly xAI) do?
- Develops the Grok model family and chatbot, now operated as the AI division of SpaceX. SpaceX acquired xAI in an all-stock deal announced February 2, 2026, valuing the combined company at $1.25 trillion with $250 billion attributed to xAI.
- What AI capabilities does SpaceXAI (formerly xAI) offer?
- SpaceXAI, formerly xAI, develops the Grok model family and the Grok chatbot, now operated as the AI division of SpaceX. Business users use Grok for conversational assistance, research, writing, coding, and analysis, and can call Grok models through an API to add those functions to their own applications. Grok is available as a consumer chatbot and as developer model access.
- Why is SpaceXAI (formerly xAI) on The Agentic 80?
- SpaceXAI (formerly xAI) is listed under Frontier labs and platforms. The model makers whose agent products set the pace for everyone else. Merged into SpaceX on Feb 2, 2026 at a $250 billion attributed value; SpaceX IPO followed on June 12, 2026.
- Why is SpaceXAI (formerly xAI) on The All Things AI 100?
- SpaceXAI (formerly xAI) is listed under Frontier labs. The companies training the largest models. Merged into SpaceX on Feb 2, 2026 at a $250 billion attributed value; SpaceX IPO followed on June 12, 2026.
- Where is SpaceXAI (formerly xAI) based, and who owns it?
- SpaceXAI (formerly xAI) is based in Palo Alto, CA, was founded in 2023 and is division of SpaceX (NASDAQ: SPCX); xAI merged into SpaceX in February 2026.