SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported on Saturday.
The investment follows xAI's merger with X and
values the combined company at $113 billion, with the Grok chatbot now powering Starlink support and eyed for future integration into Tesla's Optimus robots, reports Reuters.
In response to a post on X about whether Tesla could also invest in xAI, Elon Musk said on Sunday, "It would be great, but subject to board and shareholder approval," without confirming or denying the Journal report on SpaceX's investment plans in xAI.
SpaceX, xAI and Tesla did not immediately respond to requests for comment.
SpaceX to invest $2b in Musk's xAI startup
FE Team | Published: July 13, 2025 23:40:03
SpaceX to invest $2b in Musk's xAI startup
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