Filings with the U.S. Federal Trade Commission list Tesla (TSLA) as the acquirer of a stake in SpaceX from Elon Musk, who is CEO of both companies and the documents, dated March 11, also show Musk selling holdings to investors including Valor Equity Partners and DFJ Growth. The Tesla filings are related to its previously announced $2B investment in xAI, which is being rolled over into SpaceX after the recent merger of the AI firm with the space-launch company, people familiar with the matter told Bloomberg’s Ed Ludlow and Kiel Porter.

Unlock  hedge fund-level data  and  powerful investing tools  for smarter, sharper decisions

Stay ahead of the market with  the latest news and analysis  and maximize your portfolio's potential

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on TSLA:

Disclaimer & DisclosureReport an Issue

Tesla (TSLA) Stock Wobbles After Energy Division Wins UK Electricity Supply License

Tesla Takes Surprisingly Dexterous Robot to China, Tesla Stock (NASDAQ:TSLA) Slips

Lucid (LCID) Stock Sinks despite Key Investor Day Updates

Rivian Stock (RIVN) Drops despite Launching the New $45,000 R2 Electric SUV – Here’s Why

China Crushed Tesla (TSLA) in EVs. Now Gestala Is Coming for Musk’s Neuralink