AdvertisementElon Musk's businesses are thriving from his relationship with Trump, boosting his net worth.
Musk's AI startup xAI is raising $5 billion, while SpaceX plans a share tender offer, the FT reported.
Elon Musk's businesses are booming and that appears to be at least in part the result of his deepening relationship to the now president-elect, Donald Trump.
Musk's AI startup xAI is now raising $5 billion in funding, the Financial Times reported.
Trump's granddaughter, Kai Trump, said Musk was "achieving uncle status" in an X post on Sunday.
Persons:
Trump, Donald Trump, xAI, Musk, Kamala Harris, Vivek Ramaswamy, Ramaswamy, Kai Trump
Organizations:
Elon, SpaceX, Financial Times, Trump, of Government
Locations:
Tesla