xAI is officially being acquired by SpaceX! According to Bloomberg, the deal gives SpaceX a valuation of $1 trillion, and xAI a value of $250 billion, for a combined valuation of $1.25 trillion at a combined share price of $526.59, in an all stock deal. The exact conversion ratio from xAI shares to SpaceX shares has yet to be officially confirmed, and the process may take weeks or months to finalize. Until details are finalized, $SPACEX and $XAI PreStocks tokens will continue to trade separately.