SpaceX Fuels Musk’s AI Ambitions with $2 Billion xAI Investment
SpaceX will invest $2 billion in xAI as part of a $5 billion equity round,
Quick overview
- SpaceX will invest $2 billion in xAI as part of a $5 billion equity round, enhancing ties between Elon Musk's companies.
- The investment follows the merger of xAI and X, with the combined company valued at $113 billion.
- The Grok chatbot, currently used for Starlink support, may be integrated into Tesla's Optimus robots in the future.
- Elon Musk indicated that Tesla could also consider investing in xAI, pending board and shareholder approval.
SpaceX will invest $2 billion in xAI as part of a $5 billion equity round, strengthening the connections between tech billionaire Elon Musk’s businesses as his artificial intelligence startup competes with rival OpenAI. The investment comes after xAI and X merged, and the combined company is valued at $113 billion, according to the report.
The Grok chatbot currently powers Starlink support and is being considered for future integration into Tesla’s (TSLA) Optimus robots.
Elon Musk said on Sunday, in response to a post on X asking if Tesla could also invest in xAI, “It would be great, but subject to board and shareholder approval,” without denying or confirming the Journal report on SpaceX’s xAI investment plans.
SpaceX, xAI, or Tesla did not immediately answer requests for comment. Reuters did not immediately verify the WSJ report. Despite recent controversies surrounding Grok’s responses, Musk has referred to it as “the smartest AI in the world,” and xAI is still investing heavily in infrastructure and model training.
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