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Musk Moves $2B from SpaceX to xAI

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.

· 2d · on MSN

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

The American Bazaar · 1d

Elon Musk’s xAI raises $2 billion from SpaceX, staff push back on surveillance software

· 22h

Musk's Grok signs $200m deal with Pentagon days after antisemitism row

The Pentagon has signed a multi-million dollar deal to begin using Elon Musk's artificial intelligence chatbot, Grok, as part of a wider rollout of AI tools for government use, the Department of Defe...

· 1d

Musk's xAI, other platforms, to share in $800M investments by Pentagon

· 1d

Musk Has Money and xAI Wants Some

· 2h

Elon Musk Soft-Launches 'NSFW' AI Companion A Week After Chatbot Goes On Antisemitic Tirade

While the long-term mental health impact of AI companions has not yet been determined, there have been several reports in the past few years sounding the alarm over how humans and AI companions inter...

· 1d

xAI starts offering Grok to US government agencies

· 1d

Musk Suggests Tesla Investor Vote on xAI Investment, Rules Out Merger

Tesla, xAI and SpaceX Merger? Chamath Palihapitiya Floats 'Industrial Logic' For Union Of Elon Musk-led Companies: 'This Would Be Pretty Logical'

Billionaire investor Chamath Palihapitiya sparked speculations regarding a potential megamerger between Elon Musk's biggest ventures, xAI, SpaceX, and, of course, Tesla Inc. (NASDAQ: TSLA).

SpaceX To Fund xAI With $2 Billion To Dominate AI; Musk Junks Reports Of External Funding As Rumors

Per the Wall Street Journal, the investment by SpaceX is part of a $5 billion equity fundraise by Morgan Stanley for xAI. Earlier, xAI was merged with X (formerly Twitter), combining the entity's value at $133 billion. With the aerospace firm's investment, the company's shares will only rally, boosting the confidence of the investors.

Cryptopolitan on MSN3d

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 sources in the know. The fundraising is still being discussed and could start next month,