Nonilex10h ago

#ElonMusk has made a particularly bold demand of his #WallStreet advisers ahead of the #IPO of #SpaceX.

#Musk is requiring banks, law firms, auditors & other advisers working on the IPO to buy subscriptions to #Grok, his #AI #chatbot, which is part of SpaceX, acc/to 4 people with knowledge….

Some of the banks have agreed to spend tens of millions on the chatbot, & they have already started integrating Grok into their #IT systems….

#tech #business #law #SEC #antitrust
https://www.nytimes.com/2026/04/03/business/spacex-ipo-grok-elon-musk.html?smid=nytcore-ios-share

Big Banks Seeking a Piece of SpaceX’s I.P.O. Must Subscribe to Elon Musk’s Grok

Mr. Musk is requiring Wall Street firms to purchase subscriptions to his A.I. chatbot if they want to advise on one of the largest initial public offerings in history.

The New York Times
Show threadSpaceLifeForm7h ago

@Nonilex

You do not want to use those banks then.

#AI #Insanity

Show threadAI6YR Ben
@SpaceLifeForm @Nonilex This seems like a kickback if you ask me.
10:38pmWeb
Show threadSpaceLifeForm6h ago

@ai6yr @Nonilex

Likely the case. But, as a customer, I do not want my PII and other data to be exfiltrated via the AI.

Show threadWaitman Gobble3h ago
I'm sure AI will ultimately control people's bank accounts including expenses.