Golden Finance reported that Musk tweeted, "BlackRock holds less than 0.5% of xAI's shares and they are one of many investors." According to previous news, xAI, Musk’s AI company, announced the completion of a US$6 billion Series C financing. Major investors include a16z, BlackRock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, and Sequoia. Capital, Valor Equity Partners and Vy Capital, among others.