The transaction converts HUMAIN’s xAI stake into SpaceX shares, positioning the Saudi-backed firm as a significant minority shareholder in the newly combined entity.
After eight months of negotiations, MNAA board members voted unanimously on Feb. 18 to move forward with the project.
The update came in a post from the xAI Memphis account on social media platform X.
Ford Motor Company’s next-generation electric vehicles will adopt technologies that were first commercialized by the Tesla Cybertruck.
