An alone musk business can make a large investment in another.
As A Wall Street Journal Report This cites investors close to SpaceX, the company agreed to invest $ 2 billion in Musk’s AI Startup XAI. Investment will be allegedly part of $ 5 billion equity raising (with another $ 5 billion in debt) Morgan Stanley announced At the end of June.
This will be SpaceX’s first investment in XAI, and one of its biggest investments in another company. The WSJ says that Spacex already uses XAI’s chatbot groke, which is for the power customer service for its starlink internet service, which plans more partnerships.
For example, musk is not shy about using different companies to support each other. Merge xai with xai (East Twitter) earlier this year. And despite XAI’s recent apology for Groke’s antisemic comments (With the posts where chatbott described himself as “MEHAHITLER”), Tesla is Tesla Grocke to your vehicles,
