tech
January 29, 2026
Elon Musk invests $2 billion in Elon Musk.
In its earnings report today, Tesla disclosed a $2 billion investment in xAI “as part of their recent publicly-disclosed financing round.” Bloomberg reported earlier this year that xAI, which also owns X.com and the Grok AI chatbot, burned about $7.8 billion in the first nine months of 2025. Tesla claims that the investment in xAI is “intended to enhance Tesla’s ability to develop and deploy AI products and services into the physical world at scale.”
TL;DR
- Tesla invested $2 billion in xAI.
- The investment was part of xAI's recent publicly disclosed financing round.
- xAI also owns X.com and the Grok AI chatbot.
- Bloomberg reported xAI burned about $7.8 billion in the first nine months of 2025.
- Tesla's goal is to improve its ability to develop and deploy AI products and services at scale.
- The investment is intended to bring AI products and services into the physical world.