
SpaceX to Invest $2 Billion in xAI, Valuing Merged AI Unit at $113 Billion
SpaceX will commit $2 billion to Elon Musk’s AI startup xAI as part of a $5 billion equity round, the Wall Street Journal reported. The funding follows xAI’s merger with social media platform X, valuing the combined business at about $113 billion and powering its Grok chatbot integration into Starlink support.