From Yahoo Finance: 2025-06-02 14:28:00

Elon Musk is stepping back from government work, focusing on his businesses like xAI and Neuralink. xAI seeks to raise $300 million at a $113 billion valuation, while Neuralink just raised $650 million. Musk’s other ventures include SpaceX. Tesla shares are down 1.5% at $341, despite upcoming milestones and a robotaxi launch in Austin.

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