SpaceX to invest $2 billion in Musk's xAI startup: WSJ
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
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Photo: Jaap Arriens/Nurphoto/Getty Images
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, the report added.
SpaceX and xAI did not immediately respond to Reuters' requests for comment.
Keep updated, follow The Business Standard's Google news channel
Despite recent controversies involving Grok's responses, Musk has called it "the smartest AI in the world," and xAI continues to spend heavily on model training and infrastructure.
