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

Insider on MSN · 44m

Elon Musk says Tesla shareholders will vote on investing in xAI

Musk said "Tesla would have invested in xAI long ago" if it was up to him.

TechCrunch on MSN · 13h

Elon Musk’s SpaceX might invest $2 billion in Musk’s xAI

According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley announced at the end of June.

Reuters on MSN · 20h

SpaceX to invest $2 billion in Musk's xAI startup, WSJ reports

July 12 (Reuters) - 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.

19hon MSN

Elon Musk Is Back at Work and Burning Through Executives

A renewal of executive churn is marking the billionaire’s return to business.

2hon MSN

Tesla to offer shareholders chance to invest in xAI: Elon Musk

Elon Musk announced on X that Tesla shareholders may vote on investing in his AI startup xAI, which recently acquired social ...

21hon MSN

Elon Musk hit by mass resignations: Why his CEO Linda Yaccarino and 14 other executives may have just quit

Linda Yaccarino resigned as CEO of X amidst turmoil in Elon Musk's empire, marked by high-profile departures across Tesla, ...

1don MSN

SpaceX to Invest $2 Billion Into Elon Musk’s xAI

The startup is leaning on Musk’s business empire to play catch-up in the AI race.

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