The per-share price of $212 is up substantially from the $185 set in a prior transaction that valued SpaceX at $350 billion in December. The deal marks a rapidly climbing values for the rocket and satellite maker,

Investors familiar with the matter told The Wall Street Journal that the rocket company SpaceX has agreed to invest a whopping $2 billion in xAI, the Musk-led firm behind the controversial large language model Grok. This investment makes up almost half of the $5 billion of equity that the AI company raised last month.

Of all the threats that President Donald Trump and Elon Musk hurled at one another as their alliance fell apart, those targeting Musk’s contracts with the US government have the potential to do the most damage.

Musk said "Tesla would have invested in xAI long ago" if it was up to him.

Elon Musk has just unveiled “Companions,” a new feature for his AI chatbot, Grok, that allows users to interact with AI personas. These include Ani, a gothic anime girl who communicates with emojis, flirtatious messages, and facts, as well as Rudy, a friendly red panda.

Just days ago, xAI had to briefly suspend the AI tool because users found it was giving Nazi-friendly answers to questions like praising dictator Adolf Hitler and blaming Jews for various global

Linda Yaccarino resigned as CEO of X amidst turmoil in Elon Musk's empire, marked by high-profile departures across Tesla, SpaceX, and X. Fourteen sen

Tesla has made its long-awaited entry into India with the opening of its first showroom — nine years after CEO Elon Musk first teased the move in April 2016 and following years of delays and shifting timelines in one of the world’s largest automotive markets.