Elon Musk’s SpaceX has invested $2 billion in his AI company xAI, marking one of its largest outside investments to date, according to The Wall Street Journal. The investment is part of xAI’s $5 billion equity round and deepens financial ties across Musk’s ventures,

July 12 (Reuters) - SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported on Saturday.

SpaceX is investing $2 billion into Elon Musk’s AI startup xAI, now Tesla might be next. Meanwhile employees raise surveillance concerns.