Exclusive-SpaceX, xAI set share exchange ratio at 0.1433, source says

February 3, 2026 - 11:59

A definitive share exchange ratio has been set for SpaceX's acquisition of Elon Musk's artificial intelligence venture, xAI. According to a source with knowledge of the transaction, investors in xAI will receive 0.1433 shares of SpaceX for every single share of xAI they hold.

The deal, confirmed on Monday, solidifies the integration of Musk's aerospace and AI ambitions under the SpaceX corporate umbrella. In addition to the stock swap, the agreement provides flexibility for certain xAI executives. The source indicated that these individuals may elect to receive a cash payout instead of SpaceX equity, set at a price of $75.46 per each xAI share.

This transaction marks a significant strategic move, bringing advanced artificial intelligence capabilities directly into SpaceX's portfolio. Analysts suggest the synergy aims to accelerate innovation in SpaceX's projects, potentially including autonomous spacecraft systems and advanced data analysis for satellite networks. The finalized ratio provides clarity to investors and concludes a major phase in combining two of Musk's most forward-looking technology enterprises.