Tesla's $2 Billion xAI Investment Transferred to SpaceX Following Merger
In January 2026, Tesla invested $2 billion in xAI through a Series E Redeemable Convertible Preferred Stock purchase. Shortly after, on February 2, 2026, xAI was acquired by SpaceX and became its wholly-owned subsidiary. As part of the merger terms, Tesla's investment stake in xAI was converted into shares of SpaceX Class A common stock.
Tickers: $TSLA
Topics: AI Investment SpaceX Stock Ownership Tesla xAI Merger