Space

IT & Telecommunications

SpaceX acquires xAI in deal valuing combined entity at $1.2 trillion

Wed, 04 Feb 2026

SpaceX has acquired artificial intelligence startup xAI in a transaction that media reports said values the combined entity at around $1.2 trillion, creating one of the most ambitious technology platforms ever assembled. Financial details were not formally disclosed by the companies.

Industry, Logistics & Shipping

Airbus, Leonardo, Thales to create major European space player

Fri, 24 Oct 2025

Airbus, Leonardo and Thales have signed a memorandum of understanding (MoU) aimed at combining their respective space activities into a new company.