Elon Musk’s SpaceX has agreed to invest $2B in Musk’s AI company xAI, Berber Jin and Becky Peterson of The Wall Street Journal report, citing investors close to the companies.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- JPMorgan Says to Short Tesla (TSLA), Moderna (MRNA), and 7 Other Stocks in 2025
- Musk Moves $2B from SpaceX to xAI: Can Grok Compete with ChatGPT?
- Elon Musk’s xAI Plans to Raise Money at a $200B Valuation
- Tesla Faces Price Target Cut Amid India Expansion
- Cathie Wood Pours $18.5M into Tesla Stock, Trims ACHR, Roku, and COIN Stocks, 7/12/2025