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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. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley announced at the end of June.

Reuters on MSN · 3d

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

July 12 (Reuters) - 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 American Bazaar · 1d

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

SpaceX is investing $2 billion into Elon Musk’s AI startup xAI, now Tesla might be next. Meanwhile employees raise surveillance concerns.

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.

3don MSN

SpaceX to Invest $2 Billion Into Elon Musk’s xAI

Elon Musk’s SpaceX has agreed to invest $2 billion in xAI, investors close to the companies said, nearly half of the Grok chatbot maker’s recent equity raise.

Cryptopolitan on MSN4d

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 ...

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