Elon Musk, Starship
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SpaceX CEO Elon Musk posted on X, formerly known as Twitter, that the space company, housed in South Texas, aims to launch its 10th flight in three weeks. Musk
Investors familiar with the matter told The Wall Street Journal that the rocket company SpaceX has agreed to invest a whopping $2 billion in xAI, the Musk-led firm behind the controversial large language model Grok. This investment makes up almost half of the $5 billion of equity that the AI company raised last month.
The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.
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.
Right at the center of this mess is Elon Musk, Tesla’s CEO, whose dabbling in politics has played a big role (really changed the game) in the problems the company now faces. Elon Musk’s political journey took an interesting twist when he openly backed Donald Trump during his presidential run.
Of all the threats that President Donald Trump and Elon Musk hurled at one another as their alliance fell apart, those targeting Musk’s contracts with the US government have the potential to do the most damage.
Tesla shareholders will vote on whether the company should invest in Elon Musk’s private AI firm, xAI, according to Electrek. The move comes after Musk arranged a $2 billion investment in xAI from SpaceX.