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Musk says he does not support a merger between Tesla and xAI but backs investment
Elon Musk on Monday said he does not support a merger between xAI and Tesla. On X, Musk suggested that Tesla plans to ask shareholders whether Tesla should invest in xAI, however. Musk owns X, xAI and Tesla and is contemplating the future business relationship between them all.
This move further intertwines Musk's ventures, including SpaceX, Tesla, and X. In June 2025, Morgan Stanley announced that ...
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Tesla eyes mega xAI deal as SpaceX mulls $2B boost—shareholders hold the powerTesla, the electric car company, may soon ask its shareholders to vote on a major investment in a company called xAI. This announcement comes after reports surfaced that another one of the billionaire ...
Billionaire investor Chamath Palihapitiya sparked speculations regarding a potential megamerger between Elon Musk's biggest ...
The investment follows xAI's merger with X and values the combined company at $113 billion, with the Grok chatbot now ...
He had earlier said it would be great if Tesla could invest in xAI. Read more at straitstimes.com. Read more at ...
xAI claims that a change on Monday, July 7th, “triggered an unintended action” that added an older series of instructions to ...
The company told workers to download employee tracking software on their personal computers, prompting privacy concerns from ...
Makers of the chatbot program Grok apologized for "horrific behavior that many experienced" after users reported multiple antisemitic responses.
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