LiveOpenAI Raises $11 Billion So Far at a $1.25 Trillion Valuation, Short of Its $30 Billion Goal
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    xAI

    xAI is an American artificial intelligence company founded by Elon Musk in March 2023. It makes the Grok family of AI models and, through subsidiaries, operates the X social network. SpaceX acquired xAI in February 2026, and the company was later rebranded as SpaceXAI and then SpaceXSI.

    x.ai
    President
    Michael Nicolls

    Leadership

    Michael Nicolls, President. Michael Nicolls is President of SpaceXSI (formerly xAI).

    Key facts

    Founded
    March 9, 2023source
    Ownership
    Acquired by SpaceX in February 2026 at a valuation of US$250 billionsource
    Later names
    Rebranded as SpaceXAI in July and as SpaceXSI in October, after the SpaceX acquisitionsource
    Revenue
    US$3.2 billion (2025)source
    Employees
    1,200+ (2025)source
    Headquarters
    San Francisco Bay Area (as of May 2026)source

    WYDE coverage of xAI

    WYDE Newsroom has published 4 articles about xAI, from Sep 18, 2026 to Sep 26, 2026. xAI is the subject of 4 stories. The most recent is States Just Took On SNAP's Bill, Fraud Topped $900 Million in a Week, and Philanthropy Wrote $1.2 Billion in Checks. Over 71,800 Meals..

    WYDE Weekly

    States Just Took On SNAP's Bill, Fraud Topped $900 Million in a Week, and Philanthropy Wrote $1.2 Billion in Checks. Over 71,800 Meals.

    WYDE Weekly: the SNAP cost shift hits states October 1, Fast Lab's $500 million COVID fraud plea, Bitget's $387.5 million hack, the Fed's first stablecoin rules, and Phil and Penny Knight's $1 billion gift to Oregon.

    Sep 26, 2026 · 7 min read · Subject of the story

    AI

    A New Antitrust Lawsuit Says the Top AI Labs Illegally Agreed to Slow Down

    A proposed class action filed in California accuses OpenAI, Anthropic, xAI, and Google of violating antitrust law by coordinating to slow AI development, days after the labs publicly called for an industrywide safety slowdown.

    Sep 22, 2026 · 2 min read · Subject of the story

    WYDE Weekly

    The Creator Economy Crossed $1 Billion, the CLARITY Act Died in the Senate, and Everyday Money Kept Ending Hunger. Over 70,600 Meals.

    MrBeast's next video cost $10 million and the top creators crossed $1 billion, the CLARITY Act failed 49 to 50, tokenized Treasuries opened to 35 million accounts, and creators and restaurants can now get paid to end hunger with the EAT Card.

    Sep 19, 2026 · 7 min read · Subject of the story

    AI

    Neuralink's VOICE Trial Turns a Participant's Thoughts Into His Own Voice, Using xAI's Grok Voice

    In Neuralink's investigational VOICE trial, a participant named Terry trained a brain-to-voice interface by miming speech and then thinking words, hearing them spoken back in his own natural voice, with the audio powered by Grok Voice from xAI.

    Sep 18, 2026 · 2 min read · Subject of the story

    Reported alongside xAI

    Sources

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