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 money behind Elon Musk’s trillion-dollar empire is increasingly flowing in one direction: toward artificial intelligence.

Elon Musk’s announcement that he plans to form a new political party came easily, with the billionaire simply posting his intentions on his social media platform, X. Now comes the hard part. If the world’s richest man seriously pursues his goal of standing up what he calls the America Party,

FOX 13's Craig Patrick reports.