SpaceX, Elon Musk
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Benzinga on MSNElon Musk's SpaceX Commits $2 Billion To xAISpaceX has invested $2 billion in Elon Musk’s AI venture xAI, according to The Wall Street Journal. The investment makes up nearly half of the company's recent $5 billion equity round. The investment marks SpaceX’s first capital infusion into xAI and one of its largest into another firm,
SpaceX, the rocket and satellites company founded by Elon Musk, has become one of the most sought-after investment opportunities.
SpaceX is gearing up for Starship's tenth test flight in early August, as confirmed by Elon Musk on July 14, 2025. Despite a recent upper-stage explos
Musk's business ventures have turned him into the wealthiest person. Although he has many companies, none of them have impacted his wealth more than Tesla.
It comes after the billionaire announced plans to launch the America Party, following his rift with President Donald Trump.
SpaceX has agreed to invest $2 billion in Elon Musk 's artificial intelligence company xAI. The investment makes up nearly half of the company's recent $5 billion equity round, according to investors cited by The Wall Street Journal.
According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley announced at the end of June.
Elon Musk's SpaceX is planning an insider share sale, potentially valuing the company at around $400 billion. This move solidifies SpaceX as the world's most valuable private startup.