SpaceX to Invest $2 Billion Into Elon Musk’s xAI
Wall Street Journal - WSJ TechSaturday, July 12, 2025 at 10:23:00 PM
SpaceX is funneling a hefty $2 billion into Elon Musk’s AI venture, xAI, as the startup scrambles to compete with industry giants like OpenAI and Google. The move shows Musk leveraging his sprawling business network—including Tesla and SpaceX—to fast-track xAI’s development in the cutthroat AI race.
Editor’s Note: Musk’s companies often blur the lines between industries, and this investment is no exception. While it signals serious ambition for xAI, it also raises questions about resource allocation—especially since SpaceX is primarily a space exploration company. For AI watchers, it’s another sign that the battle for dominance in artificial intelligence is heating up, with big players willing to throw massive cash at the problem.
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