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# Elon Musk’s SpaceX officially acquires Elon Musk’s xAI, with plan to build data centers in space

**[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments

## Summary

SpaceX has acquired xAI in a merger creating a $1.25 trillion private company, with plans to build space-based data centers to address AI's growing power demands. The deal combines xAI's AI capabilities (currently burning $1 billion monthly) with SpaceX's satellite launch infrastructure, creating a revenue loop where SpaceX launches data center satellites that must be replaced every five years. The merger follows xAI's previous acquisition of X (formerly Twitter) and comes ahead of SpaceX's planned June IPO, though the timeline remains uncertain.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/02/02/elon-musk-spacex-acquires-xai-data-centers-space-merger/>

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- [SpaceX and xAI: A merger of ambition, optics, and unanswered questions](https://daily.dev/posts/spacex-and-xai-a-merger-of-ambition-optics-and-unanswered-questions-h8ocuhcef) · The Next Web · 0 upvotes · 0 comments

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Tags: [#ai](https://daily.dev/tags/ai), [#machine-learning](https://daily.dev/tags/machine-learning), [#cloud](https://daily.dev/tags/cloud), [#spacex](https://daily.dev/tags/spacex)

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