If you’re Elon Musk, you sell X to xAI. He did OK on the sale. In a Friday evening tweet on X, Elon Musk wrote that xAI had acquired X for $33 billion, or “$45 B less $12B debt.” In his tweet, Musk explained the rationale behind the deal.

Elon Musk has benefited from his close alliance with Donald Trump, as the president has ousted federal officials who had overseen departments investigating the billionaire's multiple companies.

“It will be cool,” Elon Musk, the head of Tesla, commented under the post less ... Before selling the company, Mr. Chait had a stake in République, Bestia, Otium, the Rose Venice and several ...

The U.S. Securities and Exchange Commission (SEC) issued a summon to Tesla Inc (NASDAQ: TSLA) CEO Elon Musk over potential securities law violations. The decision was made following a vote by the five commissioners of the SEC,

The demonstrations want people to “sell your Teslas” and “dump your stock,” as a way of reprimanding Musk, who owns a sizable stake in the electric vehicle maker.