---
title: "Kingdom Holding Announces Update On Its Investment In Xai"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/276032953.md"
datetime: "2026-02-16T05:12:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276032953.md)
  - [en](https://longbridge.com/en/news/276032953.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276032953.md)
---

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# Kingdom Holding Announces Update On Its Investment In Xai

Feb 16 (Reuters) - KINGDOM HOLDING COMPANY (4280.SE) :

-   ANNOUNCES UPDATE ON ITS INVESTMENT IN XAI
-   EXPECTED FINANCIAL IMPACT ARISING FROM ITS INVESTMENT IN XAI FOLLOWING RECENT MERGER BETWEEN XAI AND SPACEX
-   AS A RESULT OF THIS TRANSACTION, XAI HAS BEEN REVALUED AT $250 BILLION, WHILE ESTIMATED VALUATION OF MERGED ENTITY IS $1.25 TRILLION
-   ESTIMATES THAT MARKING INVESTMENT IN XAI’S VALUE TO LEVELS INDICATED BY MERGER WOULD HAVE A POSITIVE IMPACT ON FAIR VALUE RESERVE FOR INVESTMENT AT FVOCI AND AN INCREASE IN CO’S NET ASSETS OF SAR 11.6 BILLION Source text: Further company coverage: (4280.SE)

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