X @Herbert Ong
🚨 Tesla converts xAI investment into a SpaceX stakeTesla has received US approval to roll its $2 billion investment in xAI into a small stake in SpaceX, ahead of SpaceX’s planned IPO.FTC filings show Tesla acquiring the stake from Elon Musk, with Musk also selling portions to investors like Valor Equity Partners and DFJ Growth. $TSLA ...