SpaceX's S-1 IPO filing disclosed that Tesla holds 18,990,195 Class A shares. This equity position carries a value of approximately $3.7 billion.
Tesla generated $890 million in revenue since 2023 from sales to SpaceX and xAI. These transactions involved Megapack batteries and Cybertruck vehicles.
The $25 billion Terafab chip facility remains in an early, non-binding phase. The Macrohard AI platform also lacks finalized financial or intellectual property terms.
Tesla stock rose 3.25% on Wednesday following the filing. The shares closed at $417.85 on May 21.