Elon Musk, SpaceX and Starship
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Investors familiar with the matter told The Wall Street Journal that the rocket company SpaceX has agreed to invest a whopping $2 billion in xAI, the Musk-led firm behind the controversial large language model Grok. This investment makes up almost half of the $5 billion of equity that the AI company raised last month.
Of all the threats that President Donald Trump and Elon Musk hurled at one another as their alliance fell apart, those targeting Musk’s contracts with the US government have the potential to do the most damage.
Just days ago, xAI had to briefly suspend the AI tool because users found it was giving Nazi-friendly answers to questions like praising dictator Adolf Hitler and blaming Jews for various global
Linda Yaccarino resigned as CEO of X amidst turmoil in Elon Musk's empire, marked by high-profile departures across Tesla, SpaceX, and X. Fourteen sen
Tesla has launched its Model Y in India, priced at ₹60 lakh, amid high import tariffs. While the entry is strategic, analysts believe the immediate impact on sales and stock may be limited, but long-term potential exists in India's growing EV market.
Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and development.