{"id":264066,"date":"2025-07-14T11:15:15","date_gmt":"2025-07-14T11:15:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/264066\/"},"modified":"2025-07-14T11:15:15","modified_gmt":"2025-07-14T11:15:15","slug":"elon-musks-spacex-to-invest-2-billion-into-his-xai-startup-report","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/264066\/","title":{"rendered":"Elon Musk&#8217;s SpaceX to invest $2 billion into his xAI startup, report"},"content":{"rendered":"\n<p>O&#8217;Leary Ventures Chairman Kevin O&#8217;Leary stresses the importance of policy following Zohran Mamdani&#8217;s NYC mayoral victory, President Donald Trump and Elon Musk&#8217;s relationship, the &#8216;big, beautiful bill&#8217; and the state of TikTok.<\/p>\n<p>SpaceX is investing $2 billion into xAI, Elon Musk&#8217;s <a href=\"https:\/\/www.foxbusiness.com\/category\/artificial-intelligence\" target=\"_blank\" rel=\"noopener\">artificial intelligence<\/a> company, as part of a $5 billion equity round, according to a report.<\/p>\n<p>The investment, which was first reported by The Wall Street Journal, citing investors familiar with the matter, represents a further deepening of ties between Musk&#8217;s companies, which include SpaceX, Tesla and the social media platform X.<\/p>\n<p>Musk has repeatedly mobilized his firms to boost his AI startup.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/technology\/tesla-vehicles-get-grok-ai-chatbot-starting-next-week-musk-says\" target=\"_blank\" rel=\"noopener\"><strong>TESLA VEHICLES TO GET GROK AI CHATBOT STARTING NEXT WEEK, MUSK SAYS<\/strong><\/a><\/p>\n<p>     <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/xai.png\" alt=\"A 3D-printed miniature model of Elon Musk and the xAI logo\"\/> <\/p>\n<p>A 3D-printed miniature model of Elon Musk and the xAI logo are seen in this illustration taken January 23, 2025. (Reuters \/ Reuters Photos)<\/p>\n<p>Earlier this year, Musk merged xAI with X, which helped extend the reach of its Grok chatbot. The merger valued the new company at $113 billion, with the Grok chatbot now powering Starlink support and being eyed for future integration into Tesla&#8217;s Optimus robots, according to the report.<\/p>\n<p>The <a href=\"https:\/\/www.foxbusiness.com\/category\/spacex\" target=\"_blank\" rel=\"noopener\">commitment from SpaceX<\/a> comes as Musk&#8217;s AI startup seeks to compete with rival OpenAI. The startup also continues to spend heavily on model training and infrastructure.<\/p>\n<p>On Sunday, Musk addressed a post on X about whether Tesla could also invest in xAI.<\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/f3d5afca-Elon-Musk.jpg\" alt=\"Elon Musk\"\/> <\/p>\n<p>Elon Musk gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023.\u00a0 (REUTERS\/Gonzalo Fuentes\/File Photo \/ Reuters Photos)<\/p>\n<p>&#8220;It would be great, but subject to board and shareholder approval,&#8221; Musk said.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/category\/elon-musk\" target=\"_blank\" rel=\"noopener\">Musk has called<\/a> the Grok chatbot &#8220;the smartest AI in the world,&#8221; although it has recently been the subject of controversy after using antisemitic language in its responses, which xAI apologized for, blaming the cause on an update to the chatbot.<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/business-leaders\/linda-yaccarino-steps-down-ceo-musks-social-media-platform-x\" target=\"_blank\" rel=\"noopener\"><strong>LINDA YACCARINO STEPS DOWN AS CEO OF MUSK&#8217;S SOCIAL MEDIA PLATFORM X<\/strong><\/a><\/p>\n<p>    <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/SpaceX.jpg\" alt=\"SpaceX logo at Hawthorne HQ\"\/> <\/p>\n<p>SpaceX headquarters in Hawthorne, California, US, on Tuesday, April 19, 2022. (Alisha Jucevic\/Bloomberg via Getty Images \/ Getty Images)<\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/apps-products\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/strong><\/a><\/p>\n<p>&#8220;First off, we deeply apologize for the horrific behavior that many experienced,&#8221; the company said. &#8220;Our intent for@grok is to provide helpful and truthful responses to users. After careful investigation, we discovered the root cause was an update to a code path upstream of the @grok bot. This is independent of the underlying language model that powers @grok.&#8221;<\/p>\n<p>The Wall Street Journal and Reuters contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"O&#8217;Leary Ventures Chairman Kevin O&#8217;Leary stresses the importance of policy following Zohran Mamdani&#8217;s NYC mayoral victory, President Donald&hellip;\n","protected":false},"author":2,"featured_media":264067,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3844],"tags":[70,413,16,15],"class_list":{"0":"post-264066","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-science","9":"tag-space","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114851304603403617","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/264066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=264066"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/264066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/264067"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=264066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=264066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=264066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}