Musk promotes xAI development process, Tesla may hold shareholder vote on investment

With SpaceX planning to invest $2 billion in xAI, the artificial intelligence company founded by Musk, the billionaire has set his sights on Tesla. Musk recently said on the social platform X that Tesla may hold a shareholder vote on whether to invest in xAI. He stressed that any decision to support xAI "is ultimately not up to me," suggesting that the board and shareholders will jointly decide the future direction.

The huge investment from SpaceX accounts for about half of xAI's latest round of financing, further demonstrating Musk's ambition to integrate his resources to fully support the development of xAI. xAI is trying to catch up with OpenAI, especially in the fields of generative artificial intelligence and large language models. Earlier this year, xAI merged with the social platform X, and the new company has been valued at $113 billion.

The statement came from a user on X asking Tesla about the possibility of investing in xAI. In fact, as early as last year, Musk launched an informal survey on X, asking users whether they support Tesla's investment of up to $5 billion in xAI. At that time, he said it was "just testing the waters" and made it clear that the final decision-making power lies in the hands of the board and shareholders.

According to the documents submitted by Tesla in April 2025, xAI has become a commercial customer of Tesla. In 2024, the two parties signed a commercial, consulting and support agreement, of which approximately $191 million was used by xAI to purchase Tesla's utility-grade energy storage battery Megapack to meet the huge energy demand of its high-performance computing cluster.

With multiple capital bets, xAI's valuation soared to the $100 billion level

At present, xAI's valuation has rapidly climbed to $200 billion, becoming one of the most watched companies in the artificial intelligence track. In addition to SpaceX's large investment intention, Musk also publicly stated that xAI is "well-funded", but the market generally believes that multiple rounds of financing around xAI are advancing at a very fast speed.

This time, Musk proposed to let Tesla shareholders vote on whether to invest in xAI, which will undoubtedly further strengthen his integration strategy of the artificial intelligence empire, and also reflect the collaborative network he has gradually formed between Tesla, SpaceX and xAI: from energy supply (Tesla) to computing infrastructure (xAI), to space communications and basic resources (SpaceX), Musk's layout is becoming increasingly clear.

Analysis point of view: AI + energy ecosystem synergy effect emerges

Although Musk emphasized that he does not directly decide whether to invest, his dominant position among the three companies means that as long as it gets enough support, xAI will be expected to receive direct financial support from Tesla. This move may trigger Tesla shareholders to discuss the company's core strategy - whether to continue to focus on electric vehicles and energy, or gradually deepen into the field of AI to obtain greater technological dividends.

In addition, given that xAI has become a customer of Tesla, if the two parties deepen their technical and capital cooperation, they are expected to carry out in-depth collaboration in scenarios such as in-vehicle AI assistants, autonomous driving algorithms, and smart factory management in the future.

Background information

xAI: Founded by Musk in 2023, it is committed to building artificial intelligence that "pursues the truth". It has launched the Grok series of large language models and plans to integrate with Tesla and other systems through the x platform (formerly Twitter).

Grok: A large language model under xAI, it focuses on real-time Internet access, humor, and an AI interactive experience that is closer to Musk's style.

Megapack: A commercial energy storage system launched by Tesla that provides power support for multiple AI data centers and power grid projects around the world. Musk's triangular layout: SpaceX provides space and communication infrastructure, Tesla provides energy and hardware, and xAI provides core algorithms and intelligent systems. The three companies are gradually forming a closed loop of technology ecology.

If the vote goes smoothly, Tesla's investment in xAI may become a key node for the deep integration of AI and the real economy, which also means that Musk's vision of "super synergy" will take another decisive step.