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Investing.com -- Since the US election on November 5, secondary market investors have increased the collective valuation of four of Elon Musk’s private companies by 45%, according to an exclusive analysis shared with Bloomberg by trading platform Caplight. This contrasts with the recent downward trend of Musk’s public company, Tesla (NASDAQ:TSLA) Inc.
The four private companies, SpaceX, Neuralink Corp., the Boring Company, and xAI, have seen their estimated daily share price rise, based on aggregated secondary transaction data and other indicators such as buyer interest. The majority of these gains are attributed to xAI, Musk’s artificial intelligence lab designed to compete with OpenAI. Caplight’s data reveals that the xAI share price has seen a substantial increase of 110% since November 5.
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