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Banks and firms involved in SpaceX's IPO must buy subscriptions to Elon Musk’s Grok AI service. Some banks are reportedly spending tens of millions to integrate Grok into their systems. SpaceX recently filed its IPO paperwork amid ongoing legal issues related to Grok's AI technology.
- Musk is requiring banks and firms working on SpaceX's IPO to buy Grok subscriptions
- Some banks are spending tens of millions of dollars to integrate Grok into their IT systems
- This is happening while Grok faces investigations over generating CSAM and nude images
- Musk also pushed banks to advertise on X, though less forcefully than the Grok requirement