Jet.AI invests $5 million for economic interest in SpaceX subsidiaries
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Jet.AI Announces $5 Million SPV Economic Interest in xAI (SpaceX)
April 8, 2026 8:00 AM EDTLAS VEGAS, NV, April 08, 2026 (GLOBE NEWSWIRE) -- Jet.AI Inc. (Jet.AI or the Company) (Nasdaq: JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, today announced a $5 million strategic investment intended to provide an economic interest in SpaceX and its related subsidiaries, including but not limited to x.AI / Grok, Starlink, and X / Twitter. The investment was made through a Special Purpose Vehicle (SPV) that held equity in xAI, prior to x.AIs recent acquisition by SpaceX.
The investment is intended to reinforce Jet.AIs... More
