Tesla secures SpaceX stake through xAI merger ahead of IPO

Tesla has received regulatory clearance to convert its investment in Elon Musk’s artificial intelligence firm xAI into a small stake in SpaceX, formalizing financial ties between the billionaire’s ...

By · · 1 min read
Tesla secures SpaceX stake through xAI merger ahead of IPO

Source: cryptonews.net

Tesla has received regulatory clearance to convert its investment in Elon Musk’s artificial intelligence firm xAI into a small stake in SpaceX, formalizing financial ties between the billionaire’s companies ahead of the rocket maker’s planned initial ...