Elon Musk blasts CNBC report that xAI raised $15B as ‘false’
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- Nov 13, 2025
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Lately, Musk has been focused on integrating his many business ventures.
In March, xAI acquired Muskâs social media company X, formerly known as Twitter, in a deal that valued the platform at $33 billion.
Some newer Tesla models feature xAIâs Grok chatbot in their “infotainment” systems, while xAI has purchased tens of millions of dollars worth of Teslaâs battery energy storage systems for use in its data centers.
During the annual shareholder meeting last week, Tesla investors approved Muskâs $1 trillion pay package after he threatened to leave if he didnât get it.
The eye-popping pay plan is the largest on record and could make Musk the worldâs first trillionaire. He will have to hit a series of ambitious performance targets over the next decade to receive the total sum.
Tesla investors did not, however, approve a measure to allow the electric-vehicle maker to invest in xAI.
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