AI models and platforms · Frontier labs · Second string
Key figure SpaceX bought xAI in an all-stock deal that closed 2 Feb 2026. SpaceX listed on Nasdaq on 12 June 2026. Grok reportedly had 117 million monthly users in March 2026.
Why it may rise Backed by a public company with launch and satellite revenue, and runs the Colossus clusters.
What could change it Grok usage and revenue (about $500m annualized, reported) are small against the compute it is buying.
reported en.wikipedia.org