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Elon Musk’s xAI Secures $10B Mega-Round as Trump Trolls DOGE Amid Spending Clash

Elon Musk’s xAI Secures $10B Mega-Round as Trump Trolls DOGE Amid Spending Clash

Author:
Shibio
Published:
2025-07-02 12:25:01
20
3

Elon Musk’s xAI Raises $10B as Trump Sparks Spending Feud with DOGE Joke

Elon Musk's artificial intelligence venture xAI just locked down a staggering $10 billion funding round—while political fireworks stole the crypto spotlight.

Trump's DOGE jab ignites spending feud

The former president tossed a meme-coin grenade into fiscal debates, cheekily suggesting the DOJ 'print more Dogecoin' to fund pet projects. Meanwhile, Wall Street rolled its eyes—another day, another billionaire using crypto as a political football while actual builders secure real capital.

AI and crypto collide at the money fountain

As xAI's valuation soars, the funding frenzy highlights Silicon Valley's new playbook: pitch AI, whisper 'blockchain,' and watch VCs throw checks. The real innovation? Convincing investors that ten-digit rounds are totally normal while Main Street struggles with 5% APY savings accounts.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

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