# Jet.AI disclosed a $5 million special purpose vehicle (SPV) economic interest to gain economic exposure to SpaceX.

*business · news · 2026-04-10 · Benzinga*

## Key points

- Jet.AI disclosed a $5 million SPV investment for economic exposure to SpaceX and related businesses.
- The SPV held equity in xAI before its acquisition by SpaceX, linking Jet.AI to xAI's upside.
- SpaceX's IPO is reportedly targeting a $1.75–$2 trillion valuation, with a prospectus expected May 2026.
- Jet.AI's stock is trading 63% below its 20-day SMA and 95% below its 100-day SMA.
- Jet.AI's next earnings report is estimated for May 14, 2026, with revenue expected to decline year-over-year.

**Companies:** SpaceX, Jet.AI
**Countries:** United States

[Read the full story on Benzinga](https://www.benzinga.com/markets/small-cap/26/04/51761188/whats-going-on-with-jet-ai-stock-on-friday)

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