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Elon Musk Is Trying to Get His Other Companies to Foot the Bill for xAI
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 per-share price of $212 is up substantially from the $185 set in a prior transaction that valued SpaceX at $350 billion ...
The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.
The rare collaboration with SpaceX signals Amazon’s rush to deploy half of its initial constellation before the July 2026 ...
Elon Musk said a year ago that AI has no use at SpaceX. Now he's willing to pay $170k a head for AI engineers. Elon Musk's SpaceX is recruiting AI software engineers and promising them six-figure ...
Elon Musk has just unveiled “Companions,” a new feature for his AI chatbot, Grok, that allows users to interact with AI ...
SpaceX's Falcon 9 will help launch and deploy a batch of Amazon's Kuiper satellites into orbit that could one day challenge Starlink.
The startup is leaning on Musk’s business empire to play catch-up in the AI race.
Of all the threats that President Donald Trump and Elon Musk hurled at one another as their alliance fell apart, those ...
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