Future Fund's veteran investor, Gary Black, thinks that a shareholder vote would likely be the ideal option to decide on a merger between Elon Musk's EV giant Tesla and xAI.

Musk said "Tesla would have invested in xAI long ago" if it was up to him.

Investors familiar with the matter told The Wall Street Journal that the rocket company SpaceX has agreed to invest a whopping $2 billion in xAI, the Musk-led firm behind the controversial large language model Grok. This investment makes up almost half of the $5 billion of equity that the AI company raised last month.

The billionaire entrepreneur said Tesla shareholders would vote on investing in xAI as he seeks to tap his own companies to help fund his artificial-intelligence startup.

As Elon Musk contemplates the relationship between several of his companies, he said on social media that Tesla shareholders will vote on whether to invest in xAI.

Elon Musk said on Monday he does not support a merger between his electric vehicle maker Tesla and his artificial intelligence startup xAI, which owns the Grok chatbot and competes with the likes of OpenAI's ChatGPT.

CEO of Tesla Elon Musk said Monday he doesn't support a merger of his automotive company with his AI and technology company xAI, even though Tesla shareholders will vote on making an investment into xAI.

Tesla Inc. plans to poll shareholders on whether to invest in xAI, Elon Musk said after the Wall Street Journal reported SpaceX was prepared to funnel $2 billion into the Grok

El dinero que hay detrás del imperio de Elon Musk, valorado en un billón de dólares, fluye cada vez más en una sola dirección: hacia la inteligencia artificial.

Elon Musk on Monday said he does not support a merger between xAI and Tesla. On X, Musk suggested that Tesla plans to ask shareholders whether Tesla should invest in xAI, however. Musk owns X, xAI and Tesla and is contemplating the future business relationship between them all.

Elon Musk’s AI company, xAI, has apologised after its chatbot Grok made headlines for generating offensive outputs. All you need to know