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SpaceX to invest $2 billion in Elon Musk’s xAI startup: report
SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk’s ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported on Saturday.
SpaceX Invests $2 Billion in xAI Amidst Competitive AI Landscape
SpaceX has allocated $2 billion to xAI, contributing to a $5 billion equity round, reinforcing ties between Elon Musk's ventures. The merger with X values the company at $113 billion, with Grok chatbot now supporting Starlink and potentially Tesla robots.
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