Elon, Inc.

Forget DOGE. Musk Is Suddenly All In on AI

10 snips
Jul 15, 2025
Kurt Wagner, a Bloomberg News reporter specializing in Elon Musk, interviews Teddy Schleifer from the New York Times, who covers political money and billionaires. They delve into Musk's ambitions for his AI company, xAI, discussing its quirky Grok 4 chatbot and its ties to SpaceX. Wagner and Schleifer explore Musk's influential yet unofficial role during the Trump administration, highlighting his attempts to sway political decisions. The conversation reveals the intricate interplay between Musk's tech ventures and political aspirations.
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INSIGHT

xAI's Dual Ambition

  • Elon Musk's AI company xAI launched the Grok 4 model with ambitions to discover new physics and provide AI companions.
  • The AI project has contradictory aspects: high scientific ambition versus creating AI companions for emotional support or niche interests.
INSIGHT

Musk's Empire Intertwined Funding

  • xAI is burning enormous amounts of money, reportedly losing around $1 billion a month.
  • Musk's other companies SpaceX and Tesla are investing billions in xAI, intertwining his business empire financially.
INSIGHT

Conflict of Interest in Investments

  • Musk moving money between his companies creates a significant conflict of interest.
  • Shareholders rarely challenge these moves due to Musk's dominant power and influence.
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