O’Leary Ventures chairman Kevin O’Leary emphasizes the importance of policy after Zohran Mamdani’s NYC Mayoral Victory, President Donald Trump and Elon Musk’s relationship, the ‘big, beautiful Bill’ and the state Tiktok.
SpaceX invests $ 2 billion in Xai, the artificial intelligence company of Elon Musk, as part of a round of $ 5 billion, according to a report.
The investment, which was first reported by the Wall Street Journal, who quoted investors who are familiar with the business, forms a further deepening of the ties between Musk’s companies, including SpaceX, Tesla and the social media platform X.
Musk has repeatedly mobilized his companies to stimulate his AI startup.
Tesla vehicles to get crazy ai chatbot from next week, says Musk, says Musk
A 3D-printed miniature model by Elon Musk and the Xai logo were shown in this illustration on January 23, 2025. (Reuters / Reuters -photos)
Earlier this year, Musk Xai merged with X, which helped to increase the reach of his grock of chatbot. The merger appreciated the new company at $ 113 billion, with the grock chatbot now flows Starlink -supporting and to future integration in Tesla’s Optimus robots, according to the report.
The dedication of SpaceX comes when Musk’s AI Startup tries to compete with rival OpenAi. The startup also continues to spend a lot on model training and infrastructure.
On Sunday, Musk spoke a message about X about whether Tesla could also invest in Xai.

Elon Musk gestures while he attends the Viva Technology Conference, dedicated to innovation and startups in the Porte de Versailles Exhibition Center in Paris, France, June 16, 2023. (Reuters/Gonzalo Fuentes/Photo Photo/Reuters -Photos)
“It would be great, but subject to approval from the council and shareholders,” said Musk.
Musk has called the Grok Chatbot ‘The Smartest AI in the world’, although it has recently been the subject of controversy after the use of anti -Semitic language in his answers, for which Xai apologized and the cause blamed for an update of the chatbot.
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SpaceX headquarters in Hawthorne, California, US, on Tuesday, April 19, 2022. (Alisha Jucevic / Bloomberg via Getty Images / Getty images)
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“First of all, we apologize deeply for the horrible behavior that many have experienced,” the company said. “Our intention for @Grok is to offer useful and truthful answers to users. After careful research, we discovered that the main cause was an update for a coding path upstream of the @Grook Bot. This is independent of the underlying language model that @Grok feeds.”
The Wall Street Journal and Reuters have contributed to this report.


