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Elon Musk's SpaceX to invest $2 billion in xAI: Report
short by Neeraja Nath / on Sunday, 13 July, 2025
Elon Musk's SpaceX has committed $2 billion to his artificial intelligence startup xAI as part of a $5 billion equity round, the Wall Street Journal reported. The investment follows xAI's merger with X (formerly Twitter) and values the combined company at $113 billion. Meanwhile, Musk has released xAI's Grok 4, which integrates real-time data from X, Tesla and SpaceX.
read more at Reuters