According to 1M AI News monitoring, Musk has required banks, law firms, audit firms, and other advisory firms participating in SpaceX's upcoming IPO to purchase Grok subscription services as one of the transaction conditions. Some banks have agreed to invest millions of dollars annually in Grok subscriptions and have begun integrating it into their own IT systems and corporate infrastructure.In addition to Grok subscriptions, Musk has also requested these banks to advertise on the X platform, although the advertising requirement is relatively less stringent. The requirement for Grok subscriptions is not a bank's "proactive gesture," but a condition Musk strongly insists on. Major banks participating include Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup, among others.SpaceX recently raised its IPO target valuation to over $2 trillion, potentially becoming the largest IPO in history, reinforcing Wall Street institutions' intent to participate and thus showing relatively good compliance with Musk's multiple conditions.
