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.
After xAI merged with the social media platform X, the new entity was valued at $113 billion. The move combined xAI's research operation with X's platform reach, expanding the audience and real-world integration potential for the company's AI products, the Journal reports.
