2026 SpaceX-xAI merger
SpaceX IPO raises a recordbreaking $85.7billion, making Musk the first trillionaire
SpaceX has completed the largest initial public offering in history, raising $85.7billion in net proceeds and made Elon Musk the first trillionaire.
SpaceX files for record IPO, opening Elon Musk’s $2trillion empire to the public
The highly anticipated filing, unveiled on May 20, 2026, positions the transaction to become the largest IPO in financial history.
SpaceX and xAI merge to become world’s most valuable company
On Jan 31, 2026, SpaceX and xAI officially agreed to merge, creating a combined entity valued at $1.25 trillion.
Tesla approves $1trillion pay package for Elon Musk
In Nov 2025, Tesla shareholders approved an unpredented $1T pay package for CEO Elon Musk, which could make him the first Trillionaire.
xAI acquires sister company X Corp
On Mar 28, 2025, Elon Musk’s AI startup, xAI, acquired his social media platform, X (formerly Twitter), in an all-stock transaction.