Anadolu via Getty ImagesKey FactsMusk asked banks, law firms, auditors and other advisers behind SpaceX’s IPO to buy Grok subscriptions, the Times reported, citing people with knowledge of the matter. He also requested the banks advertise on X, though Musk was reportedly more flexible about that demand. That brought Grok, xAI’s chatbot, under SpaceX. Tesla separately approved a compensation package for Musk in November that could be worth about $1 trillion if the automaker meets several stock-based goals. Further ReadingMORE FROM FORBESMusk Closer To Trillionaire Status: SpaceX Files For IPO By Ty RoushThis article was originally published on Forbes.com

Source: Forbes April 03, 2026 20:30 UTC