[Before SpaceX's IPO, Tesla converts its investment in xAI into SpaceX shares] According to Golden Finance, on March 13, Tesla (TSLA.O) received approval from the U.S. Federal Trade Commission (FTC) to convert its investment in xAI into SpaceX shares. In the filing documents, Tesla is listed as the acquirer of SpaceX shares from Musk, who is also selling shares to investors including Valor Equity Partners and DFJ Growth.