SpaceX New Pre IPO Price

Space Exploration Technologies announced that it completed a merger with xAI.

The deal combines Elon Musk’s leading space launch and satellite company with his artificial intelligence startup. The combined company has a staggering valuation of $1.25 trillion.

Go here to claim a stake in SpaceX before the IPO.

The merger values SpaceX at $1 trillion. That’s a big increase from the $800 billion valuation in December. The deal also gives xAI a valuation of $250 billion. xAI shareholders will receive share of SpaceX in the all-stock transaction.

This new valuation makes it the 10^th most valuable company in the world – worth more than Berkshire Hathaway, Walmart and Visa.

A Monday night press release explained the deal like this.

“SpaceX has acquired xAI to form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world’s foremost real-time information and free speech platform.”

The merger is an important step to advance Elon’s new Space Master Plan. That includes launching one-million satellites to create space-based AI data centers.

There is also an important financial reason to combine the two companies.

Reports estimate that SpaceX generated $15 billion in revenues last year. The company has great margins and is thought to have earned $8 billion in profits in 2025. xAI meanwhile is operating at a loss and burning through $1 billion per month.

An upcoming IPO in June could achieve a $1.5 trillion market cap. Additionally, the transaction could raise significant amounts of capital to fund Elon’s ambitious plans.

That’s why I’m claiming a stake at a deep discount to the IPO share price.

Here’s a link to get the important details.

Let me know if you have any questions.

Ian