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Musk Moves $2B from SpaceX to xAI

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 · 2d

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.

The American Bazaar · 1d

Elon Musk’s xAI raises $2 billion from SpaceX, staff push back on surveillance software

SpaceX is investing $2 billion into Elon Musk’s AI startup xAI, now Tesla might be next. Meanwhile employees raise surveillance concerns.

Cryptopolitan on MSN1d

SpaceX puts $2B into xAI as Grok lands in Tesla vehicles

Elon Musk said on Monday that he has no intention of combining Tesla with his artificial intelligence company xAI, after a Tesla investor on X asked if they’d support a merger between the two. Elon ...

SpaceX To Fund xAI With $2 Billion To Dominate AI; Musk Junks Reports Of External Funding As Rumors

Per the Wall Street Journal, the investment by SpaceX is part of a $5 billion equity fundraise by Morgan Stanley for xAI.

Tesla, xAI and SpaceX Merger? Chamath Palihapitiya Floats 'Industrial Logic' For Union Of Elon Musk-led Companies: 'This Would Be Pretty Logical'

Billionaire investor Chamath Palihapitiya sparked speculations regarding a potential megamerger between Elon Musk's biggest ...

2don 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.

Cryptopolitan on MSN3d

xAI is aiming for $200 billion valuation through a new fundraise

If it succeeds, it could push its value as high as $200 billion, 10 times its valuation from early last year, according to ...

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