SpaceX is investing $2 billion in Elon Musk's startup, xAI, which is part of a $5 billion equity raise announced by Morgan Stanley. This is SpaceX's first known investment in xAI, following the merger of xAI with Musk's social media platform, X, valuing the combined entity at $113 billion. Musk is using resources from multiple companies to promote xAI's growth, incorporating Grok into various services. The investment underscores Musk's intent to make xAI a serious competitor in the AI field, with the recent Grok 4 launch gaining positive benchmarking reviews.
The $2 billion investment is reportedly part of a broader $5 billion equity raise for xAI announced by Morgan Stanley last month.
Musk has mobilized several of his companies to support xAI's growth, embedding Grok into X and utilizing it for SpaceX's Starlink service.
The investment highlights Musk's ambitions to position xAI as a major competitor to rivals such as OpenAI.
Grok 4, launched earlier this week, received strong benchmarking scores, with Musk calling it the "world's smartest artificial intelligence."
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