SpaceX Acquires xAI
ARK Invest·2026-02-10 18:15
SpaceX has a valuation problem. If they want to go public, they're going to try and get a $ 1.5% trillion uh IPO tag and they're doing around $15 billion in revenue. So that's 100x revenue.XAI has a funding issue because they need to raise incrementally more re uh funding each and every round, which is, you know, we're now talking about 4050 billion rounds for these AI labs. yet their Grock uh adoption is probably the worst in the industry in low single digits. So you can solve two, you know, two problems a ...