Elon Musk announced that Tesla will conduct a shareholder vote regarding an investment in his AI company, xAI. He emphasized that the decision is ultimately not his to make and expressed a desire for Tesla to have invested in xAI earlier. Concurrently, Musk revealed that SpaceX is considering a $2 billion investment in xAI, pending board approval. xAI's ties to Musk's businesses have reportedly been leveraged for investment opportunities. Musk, who founded xAI in July 2023, has stated a commitment to prioritize shareholders of all his ventures.
Musk confirmed that SpaceX is looking to invest $2 billion into xAI, saying, "It would be great, but subject to board and shareholder approval."
Elon Musk stated, "It's not up to me. If it was up to me, Tesla would have invested in xAI long ago," in response to a shareholder's concerns.
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