SpaceX to invest $2 billion in Musk's xAI startup: Reports

  • Posted on July 13, 2025
  • By Business News Today
  • 1 Views
SpaceX to invest $2 billion in Musk's xAI startup: Reports

SpaceX has invested $2 billion in xAI as part of a $5 billion equity round, strengthening Elon Musk's AI endeavors. This investment values the merged xAI and X at $113 billion, with the Grok chatbot now supporting Starlink and potentially integrating into Tesla's Optimus robots. Despite controversies, Musk touts Grok as the smartest AI, driving xAI's heavy spending on development.
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