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BlackRock's investment in xAI has sparked controversy, with Musk responding that his stake is less than 0.5%.
PANews reported on December 30th that BlackRock's $600 million investment in Elon Musk's xAI on the X platform has sparked follow. Some comments criticized the move for its hidden connection to other discussions. In response, Musk clarified that BlackRock holds less than 0.5% of xAI's shares and stated that it is just one of many investors.