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 and Bill Gates. Two entrepreneurs whose projects have changed the world forever and brought attention to global issues in our society. They are both business titans with a total state worth of over $300 billion.

Tesla CEO Elon Musk said Monday he does not support merging his electric vehicle (EV) company with his artificial intelligence (AI) firm, xAI, after the idea was floated last week by a prominent analyst.