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    Musk launches $300 million share offer for xAI in bid to refocus on business

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    By News Desk on June 3, 2025 Business, Business Briefing, News Briefing
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    Musk launches $300 million share offer for xAI in bid to refocus on business

    Musk launches $300 million share offer for xAI in bid to refocus on business

    The FT leads on news Elon Musk (who recently stepped back from US politics) has launched a $300 million share offer for his AI company in what the paper says is an attempt to ‘refocus on business’. His time in the Trump administration has hit his businesses hard, with Tesla being one of the most affected.

    The PM’s defence plans take the top spot with the paper noting building new submarines is at the heart of the review.

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