Per the Wall Street Journal, the investment by SpaceX is part of a $5 billion equity fundraise by Morgan Stanley for xAI. Earlier, xAI was merged with X (formerly Twitter), combining the entity's value at $133 billion. With the aerospace firm's investment, the company's shares will only rally, boosting the confidence of the investors.

"We will have a shareholder vote on the matter," Musk added, though he did not specify when exactly the vote would occur. Tesla and xAI did not respond to requests for comment fro