AI, Elon Musk and SpaceX
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Elon Musk's SpaceX has invested $2 billion in xAI. This move integrates AI deeper into Musk's ecosystem. xAI merged with X, valuing the company at $11
SpaceX is hiring an AI engineer to work on accelerating software development, avionics design, and mission operations amid investment in xAI.
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SpaceX’s $2B Bet: Will AI Synergy Outpace Starship’s Setbacks in 2025?The company that controls the full stack – from chips to applications to distribution – may ultimately win the AI race.” So states AInvest in its keen observation of the high-stakes arithmetic supporting SpaceX’s record-breaking $2 billion investment in xAI,
This announcement follows reports that another of Musk's key ventures, SpaceX, is set to inject $2 billion into xAI as part of its ongoing $5 billion capital raise. Musk acknowledged this report, noting its dependency on "board and shareholder approval" from SpaceX's side.
Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and development.