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Stocks· July 23, 2026 at 08:02 PM
Tesla Reports $1 Billion Gain On Its SpaceX Equity Stake
Authored by·Editorially reviewed
Onur Erkan YıldızFounder, Financial Engineer · CMB-licensed
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
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AI summary
Tesla recorded a $1 billion net gain on its investment in Space Exploration Technologies, commonly known as SpaceX, following its IPO last month, according to SEC filings. Elon Musk's electric vehicle company had a stake in SpaceX through a $2 billion investment his AI lab xAI made in January. When xAI and SpaceX merged in February, Tesla's share in the AI startup converted into equity in SpaceX.
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