According to a Wall Street Journal report, SpaceX is considering a significant investment of $2 billion in Elon Musk's AI startup, xAI. This investment would be part of a larger $5 billion equity raise announced by Morgan Stanley in late June.
This would mark SpaceX's first major investment in xAI. The two companies already have existing collaborations, as xAI's Grok chatbot is used to power customer service for SpaceX's Starlink internet service. There are plans for further partnerships between the companies.
Musk has a history of integrating his various companies, such as merging xAI with X (formerly Twitter) earlier this year. Despite some controversies surrounding Grok, Tesla is also planning to bring the chatbot to its vehicles.