In a familiar critique of corporate structures, Musk also weighed in on the ideal environment for fostering such long-term, existentially focused AI. He declared, “For long-term optimization, it is better to be a private than a public company, as the latter is punished for long-term optimization beyond the reward cycle of stock portfolio managers.”

A secretive technology investment group that is a top backer of Elon Musk’s companies will close to external investors, after racking up such big gains that it is no longer dependent on outside financing.

SpaceX, the rocket and satellites company founded by Elon Musk, has become one of the most sought-after investment opportunities.

A successful mission would show real progress in Starship’s reusability and overall system reliability—two things critical to SpaceX’s long-term plans.

SpaceX has invested $2 billion in Elon Musk’s AI venture xAI, according to The Wall Street Journal. The investment makes up nearly half of the company's recent $5 billion equity round. The investment marks SpaceX’s first capital infusion into xAI and one of its largest into another firm,

SpaceX is investing $2 billion in xAI, Elon Musk's AI company, as part of a $5 billion equity round, amid his efforts to boost the AI startup.

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.

Starbase is Elon Musk's city in Texas for SpaceX employees. Here's the lowdown on its history, government, and controversy.

According to a Wall Street Journal report that cites investors close to SpaceX, the company has agreed to invest $2 billion in Musk’s AI startup xAI. The investment would reportedly be part of the $5 billion equity raise (along with another $5 billion in debt) that Morgan Stanley announced at the end of June.

Elon Musk once explained that he turns ambitious ideas into reality by starting with low-cost software ventures, using first principles thinking, and combining insights across industries—even without major funding.

On Sunday, Musk said his EV company, Tesla will hold a shareholder vote on whether to invest in xAI. Musk did not specify when exactly the vote will take place. The Wall Street Journal reported on Saturday that SpaceX was eyeing a $2 billion investment into xAI.

Arizonans could soon be able to see another SpaceX Falcon 9 rocket launching from California. Where are some spots to catch liftoff?