Big Banks Seeking a Piece of SpaceX’s I.P.O. Must Subscribe to Elon Musk’s Grok
Corroborated by 5 sources from 5 publishers
TL;DR
Reports differ across sources; according to engadget.com, they're said to have already agreed to spend tens of millions of dollars on the chatbot.
Sources
1
Investing.com News
https://www.investing.com/news/stock-market-news/musk-asks-spacex-ipo-banks-to-buy-grok-ai-subscriptions-nyt-reports-4597196
2
The New York Times (Technology)
https://www.nytimes.com/2026/04/03/business/spacex-ipo-grok-elon-musk.html
3
Forbes Business
https://www.forbes.com/sites/tylerroush/2026/04/03/elon-musk-requires-banks-behind-spacex-ipo-to-buy-grok-subscriptions-report-says
4
Engadget
https://www.engadget.com/ai/banks-working-on-the-spacex-ipo-reportedly-have-to-subscribe-to-grok-200213071.html?src=rss
5
Ars Technica Tech Policy
https://arstechnica.com/tech-policy/2026/04/elon-musk-insists-banks-working-on-spacex-ipo-must-buy-grok-subscriptions