Elon Musk insists banks working on SpaceX IPO must buy Grok subscriptions
Airfind news item
By Jon Brodkin
Published on April 3, 2026.
Banks and other firms working on SpaceX's initial public offering (IPO) are being required to purchase subscriptions to the Grok AI service, which is part of the company. Some banks have agreed to spend tens of millions on the chatbot, and some have already begun integrating it into their IT systems. The move could benefit from the SpaceX IPO process as Grok is under investigation for generating nude images of real people and child sexual abuse material.
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