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Musk Moves $2B from SpaceX to xAI

DEL-1 on MSN · 8h

Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI

According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley announced at the end of June.

Reuters on MSN · 14h

SpaceX to invest $2 billion in Musk's xAI startup, WSJ reports

July 12 (Reuters) - 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.

The Times of India on MSN · 14h

Elon Musk's SpaceX invests $2 billion in xAI to expand AI empire with Grok and X integration, raising valuation to $113 billion | Report

Elon Musk's SpaceX has invested $2 billion in xAI. This move integrates AI deeper into Musk's ecosystem. xAI merged with X, valuing the company at $113 billion. Grok, xAI's chatbot, will power Starlink customer support.

1don MSN

SpaceX to Invest $2 Billion Into Elon Musk’s xAI

The startup is leaning on Musk’s business empire to play catch-up in the AI race.

Cryptopolitan on MSN1d

xAI is aiming for $200 billion valuation through a new fundraise

If 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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