Sources: SpaceX has agreed to invest $2B in xAI, as part of xAI's $5B equity fundraise announced by Morgan Stanley last month

The startup is leaning on Musk's business empire to play catch-up in the AI race — Elon Musk's SpaceX has agreed to invest $2 billion in xAI …

Wall Street Journal 2025-07-13

@mmasnick Mike Masnick on bluesky
So... he had his xAI (powered by chips he took from his public company, Tesla) buy X to cover his losses there and now he's having his SpaceX give money to xAI. Sorta feels like a shell game to prop things up. — www.wsj.com/tech/spacex-...
@standplaatskrk.pl Standplaats Kraków on bluesky
But if a hungry man steals a bread he goes to jail. [embedded post]
@marypcbuk Mary Branscombe on bluesky
No, not one of Elon's companies propping up another, I'm shocked I tell you shocked! [embedded post]
@prietschka Paul Rietschka on bluesky
Elon Musk is the modern Charles Ponzi. — His companies are broadly fraud. [embedded post]
@yoheinakajima Yohei on x
a musk company has agreed to back the musk driven company that recently acquired one of musk's companies, who's product will soon be integrated into products developed by musk's other company [image]
@tmfassociates Tim Farrar on x
This explains the discrepancy between Bloomberg reporting that SpaceX was planning a primary raise and the WSJ reporting that SpaceX had $3B of cash on hand “recently”
@glennluk Glenn on x
Elon Musk is a one-man chaebol / keiretsu
@pitdesi Sheel Mohnot on x
SpaceX investing $2B in xAI. Really hard to keep track of which of Elons companies are cross invested / partnered with others, someone make a chart plz! [image]
r/SpaceXLounge r on reddit
SpaceX to Invest $2 Billion Into Elon Musk's xAI

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