SpaceX showed investors a prototype AI smartphone that's supposedly thinner than an iPhone and integrates xAI tech. The device runs on a Qualcomm Snapdragon chip with its own operating system. Musk wants to build an "everything app" modeled after WeChat.

A report indicated the company was showing a prototype handheld AI device to investors.

The WSJ says SpaceX showed investors a handset-like AI prototype slimmer than an iPhone. Musk called the report "utterly false" on X.

Musk says the report is “utterly false.”