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Musk Moves $2B from SpaceX to xAI

Elon Musk’s SpaceX Pumps $2 Billion into xAI, Valuing the Startup at $113 Billion

Elon Musk’s rocket firm SpaceX has invested $2 billion into his AI venture xAI, marking the space company’s first public stake in the artificial intelligence sector. The move comes amid a $5 billion equity round and values xAI at a staggering $113 billion following its merger with X (formerly Twitter).

TipRanks on MSN · 5h

Musk Moves $2B from SpaceX to xAI: Can Grok Compete with ChatGPT?

According to a report on The Wall Street Journal, SpaceX just committed $2 billion to xAI, Elon Musk’s artificial intelligence company. The deal

24/7 Wall St. on MSN · 4d

SpaceX Valuation Hits $400 Billion, Driving Up Elon Musk's Wealth

The value of SpaceX has hit $400 billion. This has added to Elon Musk's net worth which has dropped because of problems at Tesla.

22d

‘Major Anomaly’ Behind Latest SpaceX Starship Explosion

SpaceX CEO Elon Musk suggested on X that a high-pressure nitrogen tank failure was behind the explosion of the company's ...

DatacenterDynamics4d

SpaceX’s Starlink files for ground station site in Tampa, Florida

SpaceX’s satellite Internet unit Starlink is planning to deploy a ground station site outside Tampa, Florida. As reported by ...

Bloomberg L.P.2mon

Alphabet’s Profit Gets $8 Billion Boost From SpaceX Investment

Alphabet Inc. said its first-quarter profit was boosted by $8 billion in unrealized gains from an investment in a private company. That company is Elon Musk’s Space Exploration Technologies Corp ...

USA Today1mon

SpaceX Starship rocket dissembles again after last 2 tests exploded

SpaceX communications specialist Dan Hewitt replied: "What a moment. I need to collect myself." During the last Starship flight test in March, the gargantuan rocket broke up, sending fiery debris ...

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