Elon Musk's unique condition: Bank managing SpaceX's IPO must buy Grok AI
Elon Musk's unique condition: Bank managing SpaceX's IPO must buy Grok AI Billionaire entrepreneur Elon Musk has set a unique condition for banks and advisors involved in the public offering (IPO) process of his rocket company ' SpaceX '. According to the New York Times , banks interested in working on SpaceX's IPO will have to subscribe to Musk's AI chatbot Grok . According to a report published citing a person familiar with the matter, some large banks have agreed to accept this condition and spend hundreds of millions of dollars annually on 'Grok'. These banks have also started integrating this AI chatbot into their internal information technology systems. According to Reuters, Morgan Stanley , Goldman Sachs, JPMorgan Chase, Bank of America and Citigroup are acting as the main ' book runners ' or lead banks for SpaceX's historic IPO. Elon Musk and SpaceX have not yet made any official comments on the matter. Similarly, banks including JP...