Dallas Dealmaker Co-Leads Earth-Shattering $1.25T SpaceX Merger

On Monday, Elon Musk announced that he is combining two of his companies, Texas-headquartered SpaceX and California-based xAI. The numbers presented — though largely dependent on Musk himself — would make the $1.25 trillion combination the largest M&A transaction, ever.

Details of the transaction, such as they are, remain coded within Musk’s florid announcement, but SpaceX was counseled by a Gibson Dunn team led from Texas and New York.