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Elon Musk’s SpaceX to invest $2bn in Elon Musk’s xAI
Elon Musk’s rocket and satellite Internet company SpaceX plans to invest in his generative AI business xAI. The Wall Street Journal reports that SpaceX will pump $2 billion into the Grok company, as part of a broader $5bn round. SpaceX previously loaned money to Tesla and helped fund his acquisition of social media platform X.
Musk Suggests Tesla Investor Vote on xAI Investment, Rules Out Merger
Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a shareholder vote on investment in the artificial intelligence startup by the automaker, in the latest step to deepen integration across his business empire.
July 12 (Reuters) - SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between ...
Billionaire investor Chamath Palihapitiya sparked speculations regarding a potential megamerger between Elon Musk's biggest ...
According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion ...
El dinero que hay detrás del imperio de Elon Musk, valorado en un billón de dólares, fluye cada vez más en una sola dirección ...
Cryptopolitan on MSN2d
xAI is aiming for $200 billion valuation through a new fundraiseIf it succeeds, it could push its value as high as $200 billion, 10 times its valuation from early last year, according to ...
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