Feb 2 (Reuters) – Investors in Elon Musk’s ​xAI will receive ‌0.1433 shares of SpaceX ‌for every share of xAI as part of the ⁠satellite company’s ‌purchase of the billionaire entrepreneur’s ‍artificial intelligence company, a source familiar with the ​matter said on ‌Monday.

As part of the deal, some xAI executives may also opt for cash ⁠instead of ​SpaceX stock, ​receiving $75.46 per share for each xAI share, ‍the ⁠source added.

SpaceX was not immediately available ⁠for comment.

(Reporting by Echo ‌Wang; Editing by ‌Paritosh Bansal )