Article
February 10, 2026
With high-profile rocket launches and perhaps an even higher-profile founder in Elon Musk, SpaceX has captured the attention of aerospace fans and investors alike. Not only has the company evolved significantly from a technological perspective, but its valuation has increased substantially to become the world's most valuable private company. That title started with a tender offer in December 2024 that valued the company at around $350 billion. Most recently, in February 2026, SpaceX announced it acquired xAI, another Musk-founded startup known for its Grok chatbot and which also owns the social media platform X. The deal is the largest merger of all time and values the combined company at $1.25 trillion, with SpaceX accounting for $1 trillion and xAI for $250 billion.
