xAI ended its run as an independent company with its acquisition by SpaceX. Its last valuation is $250B, a tender figure. The equity is no longer independently traded.
3 valuations. The latest, $250B tender, was set by the All-Stock Acquisition by SpaceX in Feb 2026.
Stepstone GroupLEADFFidelity Management & Research CompanyLEAD
Qatar Investment AuthorityLEADMMGXLEADBBaron Capital GroupLEADSSpaceXLEAD
Founders FundLEADKKingdom HoldingVValor Equity
Stepstone GroupFidelity Management & Research Company
Qatar Investment AuthorityElon Musk founded xAI on March 9, 2023. The company's founding team of AI researchers included Jimmy Ba, Zihang Dai, Kyle Kosic, Manuel Kroiss, Ross Nordeen, Toby Pohlen, Christian Szegedy, Yuhuai Wu, Greg Yang, and Guodong Zhang, led by chief engineer Igor Babuschkin, formerly associated with Google DeepMind; Musk announced xAI on July 12, 2023.
xAI's primary product is the Grok family of large language, text-to-image, and text-to-video models, and it operates a data center business centered on its Colossus cluster, with Anthropic and Google as major customers. On February 2, 2026, SpaceX acquired xAI in an all-stock transaction that valued xAI at $250 billion, and in July 2026 xAI was rebranded as SpaceXAI.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds xAI.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. xAI availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — xAI included.
The closest artificial intelligence peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
No. xAI was acquired by SpaceX; its shares do not trade independently.
The last valuation is $250B (tender, Feb 2026).