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Elon Musk's SpaceX Commits $2 Billion To xAI In $5 Billion Round As AI Startup Hits $113 Billion Valuation Amid Controversy
SpaceX has agreed to invest $2 billion in Elon Musk 's artificial intelligence company xAI. The investment makes up nearly half of the company's recent $5 billion equity round, according to investors cited by The Wall Street Journal.
The startup is leaning on Musk’s business empire to play catch-up in the AI race.
Modern Engineering Marvels on MSN2d
SpaceX’s $2B Bet: Will AI Synergy Outpace Starship’s Setbacks in 2025?The company that controls the full stack – from chips to applications to distribution – may ultimately win the AI race.” So states AInvest in its keen observation of the high-stakes arithmetic ...
Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and ...
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