8h / TVBIZZ
Tesla cleared to convert xAI investment into SpaceX stake ahead of IPO
Tesla Inc. received government clearance to convert its investment in Elon Musk’s xAI into a stake in SpaceX, according to filings with the US Federal Trade Commission dated Wednesday. The filings list Tesla as the acquirer of a stake in SpaceX from Musk, who serves as chief executive officer of both...

