Neptune Makes Initial Strategic Investment In xAI and Provides SpaceX Update

Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Neptune Digital Assets Corp. (TSXV: NDA) (OTCQX: NPPTF) (FSE: 1NW) ("Neptune" or the "Company"), a diversified digital asset and innovation technology company, is pleased to announce it has entered into an agreement dated December 11, 2025 with an arm's length party for a strategic investment of US$300,000 into X.AI Corp. ("xAI"), the artificial intelligence company. This planned investment underscores Neptune's commitment to supporting and gaining exposure to pioneering technologies that are shaping the future, including advanced development of artificial intelligence.

Under the terms of the investment, Neptune will acquire shares of xAI valued at US$300,000. The Company views xAI as a growth asset at the intersection of critical future technologies. xAI's mission is to accelerate human scientific discovery with a focus on developing sophisticated AI systems.

"Following the successful and highly valued investments in SpaceX, our team is thrilled to commence strategically allocating capital into xAI," stated Cale Moodie, Neptune CEO & President. "This planned investment aligns with Neptune's strategy of identifying and capitalizing on transformative, high-value technologies. We believe Artificial Intelligence and Robotics are the next frontier of innovation, much like space exploration and digital assets, and xAI is poised to be a leader in this domain. This move will further diversify our asset base and is designed to create substantial long-term value for our shareholders."

Recent reports indicating that Space Exploration Technologies Corp. ("SpaceX") is preparing for a potential initial public offering (IPO) in 2026 with a valuation exceeding US$1 trillion further validate Neptune's investment thesis. With a current holding of over 32,000 shares in SpaceX, Management views this position as a blueprint for long-term value creation and believes the xAI investment offers a similar opportunistic early exposure to a category-defining asset under the same visionary leadership.

The planned investment in xAI aims to strengthen Neptune's base of high-growth, innovative technology assets. This strategic move complements the Company's existing holdings, including its successful investment in SpaceX, and highlights Neptune's focus on key pioneering technology sectors: blockchain, artificial intelligence, and space exploration. Neptune remains dedicated to building long-term shareholder value by investing in assets that are at the cutting edge of global innovation.