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.

Elon Musk is still distracted by politics at a time when Tesla needs a committed leader. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) has been a monster stock for many investors,

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

Elon Musk's strategy to leverage resources across his business empire, including Tesla Inc. (NASDAQ: TSLA), SpaceX, and xAI, has sparked investor concerns, particularly after a recent controversy involving chatbot Grok.

Tesla, the electric car company, may soon ask its shareholders to vote on a major investment in a company called xAI. This announcement comes after reports surfaced that another one of the billionaire CEO’s companies,