Elon Musk's SpaceX might invest $2 billion in Musk's xAI
One Elon Musk business might be making a big investment in another.
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.
This would be SpaceX's first investment in xAI, and one of its biggest investments in another company. The WSJ says SpaceX already uses xAI's chatbot Grok to power customer service for its Starlink internet service, with plans for more partnerships.
Musk has not been shy about using his various companies to support each other, for example merging xAI with X (formerly Twitter) earlier this year. And despite xAI's recent apology for Grok's antisemitic comments (including posts where the chatbot described itself as 'MechaHitler'), Tesla is bringing Grok to its vehicles.
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Galaxy Z Fold 7 vs. Galaxy Z Fold 6 Samsung Galaxy Z Fold 7 Samsung Galaxy Z Fold 6 Cover display size, tech, resolution, refresh rate 6.5-inch AMOLED, 2,520x1,080p, 1-120Hz refresh rate 6.3-inch AMOLED; 2,376x968 pixels; 1-120Hz variable refresh rate Internal display size, tech, resolution, refresh rate 8-inch AMOLED, 2,184x1,968p, 1-120Hz refresh rate 7.6-inch AMOLED; 2,160x1,856 pixels;1-120Hz variable refresh rate Pixel density Cover: 422 ppi; Internal display: 368ppi Cover: 410 ppi; Internal: 374 ppi Dimensions (inches) Open: 5.63 x 6.24 x 0.17 inches; Closed: 2.87 x 6.24 x 0.35 inches Open: 6.04x5.21 x0.22 in; Closed: 6.04x2.68x0.48 in Dimensions (millimeters) Open: 143.2 x 158.4 x 4.2mm; Closed: 72.8 x 158.4 x 8.9mm Open: 153.5x132.5x5.6mm; Closed: 153.5x68.1x12.1mm Weight (grams, ounces) 215g (7.58 oz.) 239g (8.43 oz) Mobile software Android 16 Android 14 Cameras 200-megapixel (main), 12-megapixel (ultrawide), 10-megapixel (telephoto), 10-megapixel (cover screen, selfie) 50-megapixel (wide), 12-megapixel (ultrawide), 10-megapixel (3x telephoto) Internal screen camera 10-megapixel 4-megapixel (inner screen under-display); 10-megapixel (cover screen) Video capture 8K at 30fps 8K Processor Qualcomm Snapdragon 8 Elite for Galaxy Qualcomm Snapdragon 8 Gen 3 RAM/storage 12GB + 256GB, 12GB + 512GB, 16GB + 1TB 12GB + 256GB, 512GB, 1TB Expandable storage No None Battery 4,400 mAh 4,400 mAh Fingerprint sensor Yes Side Connector USB-C USB-C Headphone jack No None Special features One UI 8, 25W wired charging speed, Qi wireless charging, 2,600-nit peak brightness, Galaxy AI, NFC, Wi-Fi 7, Bluetooth 5.4, IP48 water resistance IP48 rating, 25W wired charging, wireless charging + powershare, 3x optical zoom (up to 10x digital and 30x Space Zoom with AI Super Resolution tech) US price starts at $2,000 (256GB) $1,900 (256GB) UK price starts at £1,799 (256GB) £1,799 (256GB) Australia price starts at AU$2,899 (256GB) AU$2,749 (256GB)
