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SpaceX reportedly invests $2B in Musk's xAI

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SpaceX has pledged $2 billion as part of a $5 billion equity round for Elon Musk's xAI startup, according to media reports.

The funding round values xAI at $113 billion.

When asked on X if Tesla also might invest in xAI, Musk said, "It would be great, but subject to board and shareholder approval."

Musk's xAI previously acquired X.

Read more from Reuters.

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