Tesla, xAI and Musk
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Elon Musk's strategy to leverage resources across his business empire, including Tesla Inc. (NASDAQ: TSLA), SpaceX, and xAI, has sparked investor concerns, particularly after a recent controversy involving chatbot Grok.
The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.
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.
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Tesla eyes mega xAI deal as SpaceX mulls $2B boost—shareholders hold the powerTesla, the electric car company, may soon ask its shareholders to vote on a major investment in a company called xAI. This announcement comes after reports surfaced that another one of the billionaire CEO’s companies,
El dinero que hay detrás del imperio de Elon Musk, valorado en un billón de dólares, fluye cada vez más en una sola dirección: hacia la inteligencia artificial.
SpaceX is investing $2 billion into Elon Musk’s AI startup xAI, now Tesla might be next. Meanwhile employees raise surveillance concerns.
Billionaire investor Chamath Palihapitiya sparked speculations regarding a potential megamerger between Elon Musk's biggest ventures, xAI, SpaceX, and, of course, Tesla Inc. (NASDAQ: TSLA).