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Elon Musk's SpaceX Commits $2 Billion To xAI In $5 Billion Round As AI Startup Hits $113 Billion Valuation Amid Controversy
SpaceX has agreed to invest $2 billion in Elon Musk 's artificial intelligence company xAI. The investment makes up nearly half of the company's recent $5 billion equity round, according to investors cited by The Wall Street Journal.
SpaceX CEO Elon Musk posted on X, formerly known as Twitter, that the space company, housed in South Texas, aims to launch ...
SpaceX's Starship spacecraft exploded exploded on the ground last month, ahead of its 10th flight test. But now it's getting ready to go again.
The Federal Aviation Administration told lawmakers it is not considering replacing its current telecommunication contracts it ...
Elon Musk once explained that he turns ambitious ideas into reality by starting with low-cost software ventures, using first principles thinking, and combining insights across industries—even without ...
Elon Musk ruled out a merger between Tesla and xAI but said he plans to hold a shareholder vote on investment in the artificial intelligence startup by the automaker, in the latest step to deepen ...
The per-share price of $212 is up substantially from the $185 set in a prior transaction that valued SpaceX at $350 billion ...
Musk had an eventful legislative session in Texas this year. In addition to his lobbyists successfully advocating for several ...
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