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I recently came across a pretty interesting piece of news. When Elon Musk was pushing for the SpaceX IPO, he actually set a special condition for the participating banks and advisory firms: they must subscribe to Grok, and this isn't just a suggestion—it's a strict requirement.
According to 1M AI News, Wall Street giants like Morgan Stanley, Goldman Sachs, and JPMorgan Chase were all asked by Musk to do this. Some banks have already agreed to spend tens of millions of dollars annually on Grok subscriptions, and have even integrated it into their IT systems and corporate infrastructure. That move is definitely bold.
In fact, Musk previously also asked these banks to run ads on the X platform, but that requirement was relatively less strict. The Grok subscription condition, however, clearly shows he's actively pushing this initiative. It's not that the banks are voluntarily showing goodwill; it's more like a "ticket" to participate in the deal.
Why are these banks so cooperative? Mainly because SpaceX recently raised its IPO target valuation to over $2 trillion, which could become the largest IPO in history. With that number on the table, Wall Street institutions are highly motivated to participate, and they're more willing to accept Musk's various conditions.
Honestly, this approach is very much in Musk's style. He's not only promoting the SpaceX business project but also using this opportunity to push Grok. It's a win-win business logic. Of course, how long these strong conditions can last depends on the subsequent progress of the IPO.