Wall Street Breakfast Musk not on board with xAI-Tesla tie-up
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Jul 14, 2025 Elon Musk has made it clear he opposes a merger between Tesla and xAI. In the entertainment world, the latest Superman film has made a spectacular $122 million at the box office. Meanwhile, there's buzzing news about Synopsys securing a $35 billion takeover of Ansys. On the financial front, Bitcoin has surged past $120K, and robust growth in cybersecurity is anticipated for the second half of the year, fueled by advancements in AI.
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Musk Against Tesla-XAI Merger
- Elon Musk does not support merging Tesla with XAI at this time.
- Any investment in XAI by Tesla would need board and shareholder approval.
XAI and X's Big Merger
- XAI merged with the social media platform X to expand its chatbot's reach.
- This merger valued the new company at $113 billion, indicating significant market confidence.
Synopsys Clears China Hurdle
- Synopsys secured regulatory approval from China for acquiring Ansys.
- This $35 billion deal enhances Synopsys' leadership in chip design software.