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.

The sun is shining bright again in the Elon Musk business empire. Don’t get burned. The billionaire entrepreneur may still be pining for a political revolution with talk of starting his own third party to punish spendthrift Republicans,