As Grok flounders, SpaceX bets future on beating Big Tech at AI

SpaceX has acquired xAI and is positioning Grok AI as central to its future, claiming a $26.5 trillion addressable market opportunity that rivals US GDP. The company is shifting focus from its traditional space business to AI to compete with established players like OpenAI and Anthropic. SpaceX disclosed these plans in an S-1 filing ahead of an expected IPO.