Elon Musk’s SpaceX has invested $2 billion in his AI company xAI, marking one of its largest outside investments to date, according to The Wall Street Journal. The investment is part of xAI’s $5 billion equity round and deepens financial ties across Musk’s ventures,

SpaceX is investing $2 billion into Elon Musk’s AI startup xAI, now Tesla might be next. Meanwhile employees raise surveillance concerns.

July 12 (Reuters) - SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported on Saturday.