Elon Musk's SpaceX invests $2 billion in xAI to expand AI empire with Grok and X integration, raising valuation to $113 billion

Elon Musk's SpaceX has invested $2 billion in xAI to expand its AI empire with Grok and X integration, raising valuation to $113 billion. This massive investment underscores Elon Musk's aggressive push into artificial intelligence. The funding will accelerate xAI's development, particularly for its Grok AI, and facilitate deeper integration with X (formerly Twitter). This strategic move aims to create a formidable AI powerhouse, directly challenging existing leaders and consolidating Musk's influence across multiple technology sectors at a staggering valuation.