Tesla, Elon Musk and xAI
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SpaceX has agreed to invest $2 billion in Elon Musk 's artificial intelligence company xAI. The investment makes up nearly half of the company's recent $5 billion equity round, according to investors cited by The Wall Street Journal.
The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.
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.
Musk's business ventures have turned him into the wealthiest person. Although he has many companies, none of them have impacted his wealth more than Tesla.
El dinero que hay detrás del imperio de Elon Musk, valorado en un billón de dólares, fluye cada vez más en una sola dirección: hacia la inteligencia artificial.
Elon Musk's strategy to leverage resources across his business empire, including Tesla Inc. (NASDAQ: TSLA), SpaceX, and xAI, has sparked investor concerns, particularly after a recent controversy involving chatbot Grok.
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Tesla eyes mega xAI deal as SpaceX mulls $2B boost—shareholders hold the powerTesla, the electric car company, may soon ask its shareholders to vote on a major investment in a company called xAI. This announcement comes after reports surfaced that another one of the billionaire CEO’s companies,