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Tesla stock rose early Monday as investors overlooked concerns about Elon Musk’s finances after a $2 billion SpaceX investment in his AI startup, xAI, according to Barron's. Musk disputed reports of a new $200 billion capital raise, claiming xAI has “plenty of capital.” The investment comes after xAI merged with X, adding to speculation that Musk could consolidate his ventures under a holding company. Analysts say Musk’s reputation continues to buoy valuations across his companies. Tesla faces a 13% decline in 2025 vehicle sales, and governance concerns linger.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Tesla stock rose early Monday as investors overlooked concerns about Elon Musk's finances
00:08after a $2 billion SpaceX investment in his AI startup, XAI, according to Barron's.
00:15Musk disputed reports of a new $200 billion capital raise, claiming XAI has plenty of capital.
00:22The investment comes after XAI merged with X,
00:25adding to speculation that Musk could consolidate his ventures under a holding company.
00:30Analysts say Musk's reputation continues to buoy valuations across his companies.
00:34Tesla faces a 13% decline in 2025 vehicle sales, and governance concerns linger.
00:40The investment will go to a shareholder vote at Tesla's rescheduled annual meeting in November.
00:45The deal structure remains unclear, but Musk has voiced interest in increasing his Tesla stake.
00:51For all things money, visit Benzinga.com.

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