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SpaceX to invest $2 billion in Elon Musk’s xAI: report

  • SpaceX is investing $2 billion into Elon Musk’s artificial intelligence startup, xAI, which is one of the company’s largest-ever financial commitments to another firm.
  • The investment in xAI is part of a broader $5 billion equity raise, with xAI recently being merged with Musk’s social media platform, X, to form a combined entity valued at $113 billion.
  • Musk has mobilized several of his companies to support xAI’s growth, with xAI’s AI technology already being integrated into SpaceX’s Starlink internet service and Tesla vehicles.
  • The investment underscores Musk’s ambition to position xAI as a major competitor in the AI industry, with the recent launch of Grok 4 receiving positive reviews for being a powerful AI technology.

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