Elon Musk increases SpaceX stake, valued at $908B

Elon Musk has disclosed a 48.4% stake in SpaceX, with the company now valued at $908B. This increased ownership may indicate a deeper integration between SpaceX and Tesla, potentially reshaping the aerospace and automotive sectors. Additionally, Musk has stated that AI is projected to become the biggest business for SpaceX by September. These developments highlight the growing financial scale of the company and the strategic shift toward artificial intelligence within its operational framework.