xAI

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xAI Private Market Data · Verified October 9, 2026

Valuation (IPO CLUB research)
$250B
Latest financing
$20B (January 2026)
Total funding
$45B
Stage
M&A
Sector
AI Infrastructure
IPO CLUB status
Previous investment
America 2030
Not Held

Valuation reflects IPO CLUB research based on news, broker data, research reports and press releases. Private-market information may change.

Update · June 2026

xAI has been acquired by SpaceX in an all-stock merger and is now a wholly-owned SpaceX subsidiary. Exposure to xAI and its Grok models now comes through SpaceX, which trades publicly on the Nasdaq under the ticker SPCX. xAI is no longer available as a standalone pre-IPO investment.

Looking for pre-IPO access to comparable still-private AI leaders? IPO CLUB members can explore names like OpenAI and Perplexity before they list.

Explore OpenAI → Explore Perplexity →

FAQ

Last updated:

Is xAI publicly traded, and does it have a stock ticker?

xAI does not trade under its own ticker. It was acquired by SpaceX and is now a wholly-owned SpaceX subsidiary, so exposure to xAI comes through SpaceX, which trades on the Nasdaq under SPCX.

  • xAI no longer exists as a standalone investable company.
  • SpaceX (SPCX) is public; you can buy it through any standard brokerage.
What happened to xAI, and did it IPO?

xAI did not IPO independently. It was acquired by SpaceX in an all-stock merger valuing xAI at about $250 billion, making it a wholly-owned SpaceX subsidiary.

  • The deal folded xAI's Grok models and infrastructure into SpaceX.
  • SpaceX subsequently went public on the Nasdaq as SPCX.
Can I still invest in xAI pre-IPO through IPO CLUB?

No. Because xAI is now part of SpaceX, there are no standalone xAI pre-IPO shares to buy. Exposure to xAI now comes via public SpaceX stock (SPCX).

  • Pre-IPO xAI access has ended.
  • For pre-IPO access to comparable still-private AI companies, see the alternatives below.
How can I get exposure to xAI now?

The only way to gain exposure to xAI today is by owning SpaceX stock (SPCX), since xAI is a wholly-owned SpaceX subsidiary.

  • SPCX trades publicly on the Nasdaq.
  • No accreditation or minimum is required to buy public shares.
What are some pre-IPO alternatives to xAI?

IPO CLUB members can access other still-private AI leaders before they list.

  • OpenAI and Perplexity are two leading still-private examples.
  • IPO CLUB has invested in OpenAI and Perplexity through previous opportunities, although neither is currently open to new investors. Investors can join the free Data Room to follow new single-company opportunities, or explore America 2030 for diversified exposure to IPO CLUB's current portfolio.
Free Data Room Read our research in the free Data Room Company research, quarterly valuations and sector reports for accredited investors. Enter the Data Room →

xAI and America 2030 latest news

Read IPO CLUB’s latest xAI coverage.

More in AI Infrastructure: Lightmatter, SambaNova, PsiQuantum and Together AI. See the AI Infrastructure sector overview.

Sources:

CNBC, "Elon Musk's SpaceX acquiring AI startup xAI ahead of potential IPO" (February 2, 2026): https://www.cnbc.com/2026/02/02/elon-musk-spacex-xai-ipo.html

CNBC, "Musk's xAI, SpaceX combo is the biggest merger of all time, valued at $1.25 trillion" (February 3, 2026): https://www.cnbc.com/2026/02/03/musk-xai-spacex-biggest-merger-ever.html

Bloomberg, "SpaceX Acquires xAI as Musk Prepares for Mega IPO" (February 2, 2026): https://www.bloomberg.com/news/articles/2026-02-02/elon-musk-s-spacex-said-to-combine-with-xai-ahead-of-mega-ipo

CNBC, "Musk announces xAI re-org following co-founder departures, SpaceX merger" (February 11, 2026): https://www.cnbc.com/2026/02/11/musk-announces-xai-re-org-following-key-departures-spacex-merger.html

CNBC, "Elon Musk says xAI must be 'rebuilt' as co-founder exodus continues, SpaceX IPO awaits" (March 13, 2026): https://www.cnbc.com/2026/03/13/elon-musk-xai-co-founders-spacex-ipo.html

Forbes, "SpaceX IPO: SPCX Debuts at $150, surging 17% after largest IPO ever" (June 12, 2026): https://www.forbes.com/sites/tylerroush/2026/06/12/spacex-opens-at-150-surging-17-after-largest-ipo-ever-live-updates/

CNBC, "SpaceX IPO takeaways: SPCX closes at $161, jumping 19% after record debut" (June 12, 2026): https://www.cnbc.com/2026/06/12/spacex-ipo-spcx-live-updates.html

Wikipedia, xAI / SpaceXAI company profile: https://en.wikipedia.org/wiki/SpaceXAI

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