SpaceX pumps US$2b into Elon Musk’s xAI, valuing merged firm at US$113b as Grok powers Starlink and eyes Tesla integration

AI Summary

SpaceX has invested US$2 billion in Elon Musk's AI startup, xAI, as part of a US$5 billion funding round. This deepens the connection between Musk's companies, valuing the merged xAI and X at US$113 billion. The investment fuels xAI's competition with OpenAI, with its chatbot Grok now supporting Starlink and potentially integrating with Tesla's Optimus robots. Despite controversy surrounding Grok's responses, Musk considers it highly intelligent, and xAI continues investing in model training and infrastructure.