Technology · 9 April 2026
Banks bidding for SpaceX IPO told to buy millions in Grok deals
Financial institutions and law firms seeking a role in the SpaceX stock market listing must first purchase Grok subscriptions, Elon Musk has insisted, the New York Times reported. Several banks have committed tens of millions and begun rolling the AI chatbot into their internal systems. The listing was filed after SpaceX bought xAI, the company behind Grok and the X social platform.
Reported by New York Times / Reuters · How we write briefs