SpaceX designs, manufactures, and launches rockets and satellites, operating the Falcon 9 and Starship vehicles alongside the Starlink satellite internet constellation, and holds significant contracts with NASA and the U.S. Department of Defense. SpaceX acquired xAI in an all-stock transaction that combined its rocket and satellite infrastructure with the Grok models and the X platform under a long-term thesis that AI compute may eventually migrate into orbit. SpaceX subsequently completed its public listing in what was described as the largest IPO in history, cementing its position as one of the most valuable companies in the world. NASDAQ: SPCX
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