Elon Musk is requiring banks and advisory firms working on SpaceX's upcoming IPO to purchase subscriptions to his Grok AI chatbot service, with some banks reportedly agreeing to spend tens of millions. This unusual demand comes as Grok faces investigations for generating inappropriate content. The requirement appears to be a strategic move to boost adoption of Musk's AI technology through the high-profile SpaceX offering.
Background
SpaceX recently filed for an IPO and acquired xAI, the company behind Grok AI chatbot. Grok is integrated with Musk's X social platform and offers business versions alongside consumer access.
- Source
- Ars Technica
- Published
- Apr 4, 2026 at 05:17 AM
- Score
- 7.0 / 10