Elon Musk Demands Banks Working on SpaceX IPO Subscribe to His Grok AI Chatbot

Elon Musk is demanding that the banks handling the upcoming initial public offering (IPO) of SpaceX subscribe to his Grok artificial intelligence (AI) chatbot.

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_The New York times _NYT +0.35% ▲ is reporting that Musk, who is CEO of both SpaceX and electric vehicle maker Tesla TSLA -5.42% ▼ is demanding that banks such as Morgan Stanley MS -0.22% ▼ , Goldman Sachs GS +0.33% ▲ and JPMorgan Chase JPM -0.26% ▼ buy subscriptions to Grok, the AI chatbot that is part of SpaceX.

Musk is reportedly making the same demand of law firms, auditors and other advisers working on the IPO of SpaceX, which is expected to be the biggest market debut ever for a company. Considering Musk has more than 20 banks lined up to work on the IPO, the Grok subscriptions could be lucrative for SpaceX.

**Grok Controversies **

Some of the banks have reportedly agreed to spend tens of millions of dollars on the chatbot and have started integrating Grok into their information technology (I.T. ) systems. SpaceX is expected to raise $75 billion at a $2 trillion valuation in its highly anticipated IPO this June.

Banks working on the SpaceX IPO are expected to generate fees in excess of $500 million for advising on the deal. However, Grok has proven to be controversial. The chatbot has shared antisemitic content and praised Adolf Hitler. It has also generated nonconsensual sexualized images of women and girls. Some countries have banned Grok.

Musk has marketed Grok as the antidote to political correctness and said that his chatbot would not be “woke.”

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