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Elon Musk Is Trying to Get His Other Companies to Foot the Bill for xAI
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.
The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.
One of Elon Musk’s companies is burning through cash at an alarming rate. He wants Tesla to help fix the problem.
Tesla Inc. plans to poll shareholders on whether to invest in xAI, Elon Musk said after the Wall Street Journal reported ...
Of all the threats that President Donald Trump and Elon Musk hurled at one another as their alliance fell apart, those ...
Elon Musk, the Tesla CEO and former Trump ally, has lost $69 billion, but still tops the richest list so far this year.
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