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The funding is part of an A.I. frenzy, as investors aggressively plow enormous sums into fast-growing start-ups at sky-high valuations.
Elon Musk’s xAI said it has raised $20bn in new funding, in an upsized deal that more than doubles its valuation since last spring, despite growing concern over illegal content generated by its artificial intelligence.
Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round would value the company at about $230 billion.
Elon Musk announces Neuralink brain implants will enter "high-volume" production by 2026, helping paralyzed patients control devices with thought.
Elon Musk said that Neuralink implants will move to an "almost entirely automated surgical procedure in 2026."
Former SpaceX propulsion CTO Thomas Mueller’s space startup reached unicorn status this year thanks to $525 million in funding since 2021. It’s just one of 141 other startups founded by SpaceX alumni.
Billionaire Elon Musk gave a strong response to a perceived threat on his life by a Somali TikToker after she said on a livestream, “He [is] about to die."
The billionaire has bet Tesla’s future on humanoids, which for now rely on human helpers.
President Donald Trump embraced Musk with both arms after Musk reportedly spent over a quarter of a billion dollars to help him get elected. Musk went from White House outsider to unofficial cabinet member with an office in the West Wing for 130 days, as Politico reported.