The investment follows xAI's merger with X and values the combined company at $113 billion, with the Grok chatbot now powering Starlink support and eyed for future integration into Tesla's

This announcement follows reports that another of Musk's key ventures, SpaceX, is set to inject $2 billion into xAI as part of its ongoing $5 billion capital raise. Musk acknowledged this report, noting its dependency on "board and shareholder approval" from SpaceX's side.