Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.
The auto industry is battling slowing EV demand, rising Chinese competition, and potential tariffs on Mexican imports.
Fidelity marked up the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report ...
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