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Elon Musk’s SpaceX Reportedly Investing $2 Billion in xAI

  • Elon Musk’s SpaceX is investing $2 billion in the artificial intelligence startup xAI.
  • This investment is close to half of xAI’s recent equity raise and is one of SpaceX's largest investments in another company.
  • Musk has been supporting xAI by merging it with his social media platform X and focusing on training the new Grok chatbot.
  • SpaceX's investment in xAI may pose risks as the company is already spending billions on developing the experimental new rocket called Starship.

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