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The move is tied to SpaceX's planned IPO, one of the most anticipated in history.
Elon Musk is requiring SpaceX IPO advisers to purchase subscriptions to his AI chatbot Grok.
KEY POINTS
- Some banks have agreed to spend tens of millions annually and are integrating Grok into their systems.
- Major banks like Morgan Stanley, Goldman Sachs, JPMorgan, Bank of America, and Citigroup are involved.
- SpaceX has raised its target valuation to over $2 trillion and aims to raise $75 billion in the IPO.
- Musk is leveraging the IPO to drive Grok adoption among top financial institutions.
COMPANIES
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