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Gibson Dunn, Sullivan & Cromwell Lead SpaceX, XAI Merger

By Lauren Berg ( February 2, 2026, 10:46 PM EST) -- Elon Musk announced Monday that SpaceX, represented by Gibson Dunn & Crutcher LLP, has acquired his artificial intelligence startup xAI, advised by Sullivan & Cromwell LLP, in a bid to launch space-based data centers, amid plans for an initial public offering that would value the aerospace company at more than $1 trillion....

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