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- Yung Goonie
- Mar 12
- 1 min read
âTesla Quietly Secures Stake in SpaceX Ahead of Potential Historic IPOâ đ¨đ¨đ¨
Tesla has quietly positioned itself to own a small piece of SpaceX after converting its $2 billion investment in xAI into equity tied to the rocket company. The move comes just months before SpaceXâs highly anticipated initial public offering.
Earlier this year, Tesla announced the massive investment in Muskâs artificial intelligence company, xAI. Shortly afterward, xAI merged with SpaceX, linking the companies more closely. All three firms are led by billionaire entrepreneur Elon Musk.
New regulatory filings with the Federal Trade Commission show Tesla converting that investment into a small ownership stake in SpaceX. While the exact size of the stake has not been publicly disclosed, reports suggest it amounts to less than 1% ownership.
The move strengthens the financial ties between Tesla and SpaceX ahead of what could be one of the largest IPOs in history. Analysts speculate SpaceX could go public at a valuation exceeding $1.75 trillion, which would surpass the record set when Saudi Aramco went public with a valuation above $1.7 trillion in 2020.
Although Tesla and SpaceX have conducted related transactions in the past, this marks the first time Tesla has disclosed an equity stake in the rocket company. The development further connects Muskâs growing ecosystem of technology companies spanning electric vehicles, artificial intelligence, and space exploration.
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