xAI Pursues Finance Sector Growth Before SpaceX IPO

Elon Musk ’s xAI is focusing on the finance sector as it works to boost its revenue ahead of the initial public offering (IPO) of its parent company, SpaceX , Bloomberg reported Wednesday (May 13), citing unnamed sources. The company is looking to sell subscriptions to its chatbot and access to its computing resources, according to the report. xAI is pitching its Grok chatbot as a tool for gathering internal company information for performance reviews and for using data from Musk’s social media