Musk's SpaceX acquires xAI in largest M&A deal ever

Elon Musk's rocket company SpaceX has acquired his artificial intelligence startup xAI in a deal that values the combined companies at $1.25 trillion. We take a closer look. Also in this edition: the US and India agree to a landmark trade deal, and precious metals rebound from a massive selloff.

Feb 3, 2026 - 19:00
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Musk's SpaceX acquires xAI in largest M&A deal ever
Elon Musk's rocket company SpaceX has acquired his artificial intelligence startup xAI in a deal that values the combined companies at $1.25 trillion. We take a closer look. Also in this edition: the US and India agree to a landmark trade deal, and precious metals rebound from a massive selloff.
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