The Algorithm Daily

The Algorithm Daily

SpaceX

AI Funding

SpaceX to Invest $2 Billion Into Elon Musk’s xAI

Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk. Image credit: Chesnot/Getty Images

SpaceX, Elon Musk’s aerospace company, is reportedly set to invest $2 billion in his AI startup, xAI.

Havilah Mbah
July 14, 2025