Published on
February 20, 2026
Elon Musk’s xAI Secures $3B from HUMAIN Before SpaceX Merger
HUMAIN confirms $3B Series E in xAI, converting its stake to SpaceX shares ahead of their merger.
Elon Musk’s artificial intelligence venture, xAI, has secured a massive $3 billion Series E investment from Saudi AI firm HUMAIN, further cementing its position as a key player in the global AI landscape. This significant investment comes just weeks before xAI’s highly anticipated merger with SpaceX, a move widely regarded as one of the largest technology mergers in history.
HUMAIN Joins SpaceX Ecosystem as Shareholder
The $3 billion transaction not only strengthens HUMAIN’s partnership with xAI, but also sets the stage for the Saudi-backed AI firm to become a prominent minority shareholder in the newly combined entity. As part of the deal, HUMAIN’s stake in xAI will be converted into SpaceX shares, giving the company direct exposure to Musk’s sprawling space and AI enterprise.
HUMAIN CEO Tareq Amin highlighted the strategic importance of the investment, stating, "This investment reflects HUMAIN’s conviction in transformational AI and our ability to deploy meaningful capital behind exceptional opportunities where long-term vision, technical excellence, and execution converge. xAI’s trajectory, further strengthened by its acquisition by SpaceX, one of the largest technology mergers on record, represents the kind of high-impact platform we seek to support with significant capital."
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Strategic Alignment and Broader Partnerships
HUMAIN’s investment builds upon a partnership announced in November 2025 at the U.S.-Saudi Investment Forum. The collaboration includes the development of over 500 megawatts of advanced AI data center and compute infrastructure in Saudi Arabia, as well as the deployment of xAI’s Grok models in the region. These initiatives align with Saudi Arabia’s broader strategy to bolster its domestic AI capacity and attract global technology companies.
HUMAIN, which is backed by Saudi Arabia’s Public Investment Fund, aims to position itself as a comprehensive AI solutions provider. Its extensive portfolio spans data centers, cloud infrastructure, and artificial intelligence models, with a focus on both development and applied solutions.
Potential Public Offering and Future Prospects
The investment also presents HUMAIN with the potential for long-term equity benefits, particularly if SpaceX decides to pursue a public offering in the future. This strategic move not only solidifies HUMAIN’s role as a key stakeholder in Musk’s visionary projects but also underscores the growing intersection of artificial intelligence and space technologies.
With this $3 billion investment, HUMAIN has deepened its involvement with Musk’s AI endeavors, transitioning from a development partner to a major shareholder in a transformative AI and space platform. The landmark merger between xAI and SpaceX promises to reshape the technological landscape, combining xAI’s cutting-edge AI capabilities with SpaceX’s expansive infrastructure and engineering expertise.
As the merger approaches, the partnership between xAI and HUMAIN signals a major step forward in the global race to harness the power of AI and space innovation.
