Elon Musk merges SpaceX with xAI
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In Tesla's annual financial filing, the company said that last year it sold $430 million worth of its energy storage products to xAI, Elon Musk's AI startup.
Tesla CEO Elon Musk has now become the first person in history to surpass a net worth of $800 billion after the landmark merger of his rocket company .
The revelations that Musk sought an invite to Epstein’s island add risk to his plans to merge SpaceX with xAI, and then take the combined company public, experts say.
Tesla earnings beat Wall Street's estimates. The stock rose in after hours trading. A call with analysts is scheduled for 5:30 p.m. ET.