Capital expenditure focus shifts to xAI, Starship isn't stable yet and he's going all in on AI, Musk's time management is really impressive

The prospectus reveals extensive cross-ownership and business overlaps between SpaceX and multiple companies owned by Elon Musk: Tesla holds less than 1% of Class A shares of SpaceX, and xAI has merged with SpaceX, with ownership transferred to SpaceX. SpaceX also purchases Cybertruck and Megapack from Tesla for data centers, with future capital expenditure focusing on xAI, but although xAI increased revenue last year, it incurred losses of billions of dollars. Regarding risks, the prospectus lists Musk as a primary risk, emphasizing high dependence on him and potential conflicts of interest.