SpaceX, the rocket and satellites company founded by Elon Musk, has become one of the most sought-after investment opportunities.

SpaceX is gearing up for Starship's tenth test flight in early August, as confirmed by Elon Musk on July 14, 2025. Despite a recent upper-stage explos

Investors familiar with the matter told The Wall Street Journal that the rocket company SpaceX has agreed to invest a whopping $2 billion in xAI, the Musk-led firm behind the controversial large language model Grok. This investment makes up almost half of the $5 billion of equity that the AI company raised last month.

Elon Musk has taken a big step towards integrating all his businesses into an AI-based future. According to news agency Reuters, Musk's space company SpaceX has invested $2 billion in his AI startup 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.

Musk's business ventures have turned him into the wealthiest person. Although he has many companies, none of them have impacted his wealth more than Tesla.

Elon Musk said a year ago that AI has no use at SpaceX. Now he's willing to pay $170k a head for AI engineers. Elon Musk's SpaceX is recruiting AI software engineers and promising them six-figure salaries.

The money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.

Musk often talks about pushing SpaceX to compete against the limits of physics and has set ambitious latency goals for Starlink. In 2024, SpaceX disclosed that median latency for Starlink was 33 millisec., and it was aiming for 20 millisec.