SpaceX News

Wall Street JournalBecky Peterson

SpaceX Commits $2 Billion to xAI, Bolstering Musk’s AI Ecosystem

SpaceX will invest $2 billion in Elon Musk’s xAI startup, providing nearly half of a $5 billion equity round following its merger with X and valuing the combined AI-social media venture at $113 billion; the funding underwrites Grok’s rollout in Starlink support and planned integration into Tesla’s Optimus robots.

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Hype's SpaceX news segment delivers in-depth analysis of SpaceX's cutting-edge ventures, chronicling the company's ambitious projects and milestones in commercial spaceflight. From the latest Starship developments to Crew Dragon missions, our reporting captures the essence of SpaceX's drive to revolutionize space travel and interplanetary colonization.