xAI stock & equity tools

Pre-IPO · AI

xAI is pre-IPO. Plan your AMT and NSO exercise tax at any valuation: current 409A FMV, expected IPO price, or post-IPO scenarios.

Beta · invite-only · AlphaLatitude Inc. · Free Tools

About xAI

xAI is a privately held AI company, incorporated in Nevada and headquartered in Palo Alto, CA.

Last reported secondary-market price: $78.28 per share (as of 2026-05-15). Your own 409A may differ.

Merged with SpaceX entity.

Equity grants at xAI typically include incentive stock options (ISOs) and non-qualified stock options (NSOs).

X.AI LLC, doing business as xAI, is a subsidiary of the American spaceflight company SpaceX working in the areas of artificial intelligence (AI) and social media. xAI's flagship products are the generative AI chatbot Grok and the social network X, which was acquired in March 2025. It has also constructed the Colossus supercomputer and launched a data center business. The company will develop a humanoid AI platform called Macrohard, which is intended for integration into a future robotic workforce across a range of applications; its current focus is developing virtual assistants. Prior to being acquired by SpaceX in February 2026, xAI's assets were part of a standalone corporation named X.AI Corp., founded by Elon Musk and 11 researchers in 2023.

Source: Wikipedia (CC BY-SA 4.0)

Elon Musk founded xAI in March 2023 with a team of eleven researchers drawn from DeepMind, OpenAI, and Google. The company builds Grok, a conversational AI chatbot integrated into X (formerly Twitter), and operates Colossus, a Memphis-based supercluster that scaled to 555,000 NVIDIA GPUs by early 2026. Grok 3, released in February 2025, scored 93.3% on the AIME 2025 mathematics benchmark. xAI raised $6 billion in a May 2024 Series B, another $6 billion in December 2024, and a $20 billion Series E in January 2026, reaching a $230 billion valuation.

Sources: en.wikipedia.org

Equity comp at xAI

  • In February 2026, SpaceX acquired xAI in an all-stock deal. Each xAI share converted into 0.1433 SpaceX shares, converting all xAI equity (vested options, unvested grants, RSUs) into SpaceX equity at the same ratio. For equity planning, employees who held xAI grants now hold SpaceX grants. Standard tax treatment (ISO for incentive stock options, NSO for non-qualified, or ordinary income on RSU vest) carried forward through the conversion with terms adjusted proportionally. Liquidity now depends on SpaceX's twice-yearly tender offer (a company-organized window where employees can sell vested shares to outside buyers) calendar and SpaceX's planned IPO, not any independent xAI path.

Sources: cnbc.com · techcrunch.com

Researched 2026-05-07.

OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by xAI.

Find another company

Type a company or ticker. We'll route you to its hub of relevant calculators.

One piece of the puzzle.

OptionsAhoy plans your xAI equity alongside hedging, vesting, and de-concentration, across bullish, neutral, and bearish market scenarios. Free during beta.

Request beta access