The investment is part of a larger fundraising of $ 5 billion in equity, with an additional 5 billion in debt that were announced by Morgan Stanley at the end of June.
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A substantial investment of SpaceX in XAI
For SpaceX, this is the first investment in XAI and one of its most important participation in another company.
The collaboration between Elon Musk’s two companies already exists concretely. SpaceX uses Grok, who apologized for his controversial and anti -Semitic remarks, in order to feed Starlink customer service, which offers a satellite connection.
The two companies plan to extend their partnership in other areas. The transaction is part of Elon Musk’s usual strategy: he does not hesitate to have his different companies collaborate. XAI has already merged with X a little earlier, in 2025.
Tesla also joined this interconnection by integrating Grok into its electric vehicles. A decision that comes despite the recent controversies around the chatbot, as explained previously, which has notably described as “Mechahitler”.
The investment of SpaceX in XAI shows Elon Musk’s ambition to create an integrated technological ecosystem where its companies strengthen each other, which would allow it to pool resources but above all to accelerate the development of its AI projects against the Ogre Openai, while a biopic on Sam Altman is in preparation.
XAI valuation may increase with this capital injection. The company will be able to intensify its research and compete more effectively the giants in the field in this current technological race.
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