SpaceX is making a $2 billion investment in Musk's AI startup xAI, part of a larger $5 billion equity raise led by Morgan Stanley. This investment represents SpaceX's first venture into xAI and ranks among its largest investments in another company. SpaceX has already deployed xAI's Grok chatbot for customer service in its Starlink service, with intentions for further collaborations. Despite recent controversies surrounding Grok's comments, Tesla plans to integrate this AI technology into its vehicles.
SpaceX has agreed to invest $2 billion in Musk's AI startup xAI as part of a larger $5 billion equity raise announced by Morgan Stanley.
This investment marks SpaceX's first financial commitment to xAI and is significant as one of its largest investments in another company.
SpaceX utilizes xAI's Grok chatbot for customer service for its Starlink internet service and plans further collaborations to enhance their offerings.
Despite xAI's recent apology for Grok's antisemitic comments, Tesla is gearing up to integrate Grok into its vehicle systems.
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