Big Banks Seeking a Piece of SpaceX’s I.P.O. Must Subscribe to Elon Musk’s Grok
Corroborated by 8 sources from 8 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
Business Insider
https://www.businessinsider.com/meta-google-amazon-microsoft-h-1b-visa-applications-decline-2026-4
2
NPR
https://www.npr.org/2026/04/03/nx-s1-5718416/ai-data-centers-in-space-spacex-elon-musk
3
Yahoo Finance News
https://finance.yahoo.com/markets/stocks/articles/3-big-numbers-2026-c-094013899.html
4
Yahoo Finance News
https://finance.yahoo.com/sectors/technology/articles/big-tech-h-1b-filings-113109325.html
5
Investing.com News
https://www.investing.com/news/stock-market-news/musk-asks-spacex-ipo-banks-to-buy-grok-ai-subscriptions-nyt-reports-4597196
6
The New York Times (Technology)
https://www.nytimes.com/2026/04/03/business/spacex-ipo-grok-elon-musk.html
7
Forbes Business
https://www.forbes.com/sites/tylerroush/2026/04/03/elon-musk-requires-banks-behind-spacex-ipo-to-buy-grok-subscriptions-report-says
8
Engadget
https://www.engadget.com/ai/banks-working-on-the-spacex-ipo-reportedly-have-to-subscribe-to-grok-200213071.html?src=rss
9
Ars Technica
https://arstechnica.com/tech-policy/2026/04/elon-musk-insists-banks-working-on-spacex-ipo-must-buy-grok-subscriptions