Elon Musk, AI and SpaceX
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SpaceX is hiring an AI engineer to work on accelerating software development, avionics design, and mission operations amid investment in xAI.
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.
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SpaceX’s $2B Bet: Will AI Synergy Outpace Starship’s Setbacks in 2025?The company that controls the full stack – from chips to applications to distribution – may ultimately win the AI race.” So states AInvest in its keen observation of the high-stakes arithmetic supporting SpaceX’s record-breaking $2 billion investment in xAI,
This announcement follows reports that another of Musk's key ventures, SpaceX, is set to inject $2 billion into xAI as part of its ongoing $5 billion capital raise. Musk acknowledged this report, noting its dependency on "board and shareholder approval" from SpaceX's side.