Space Exploration Technologies Corp. launched Grok Bot, an advanced AI virtual assistant. The tool integrates with existing software to manage workflows autonomously as a digital colleague.

The launch marks a strategic expansion into artificial intelligence following the acquisition of xAI and its Grok large language model. Grok Bot is currently available in beta to a select group of subscribers.

SpaceX shares closed above their IPO price for the first time since mid-July. The stock rebounded from a sharp decline following the company's first public earnings call.

Analysts attribute the recovery to the company's large addressable market and ambitious revenue targets.