Following the election of Donald Trump, Tesla's stock has plummeted, contrasting sharply with the soaring valuations of Elon Musk's privately held companies, which rose by 45%. Significant contributions to this increase stem from xAI, Musk's AI startup, skyrocketing by 110% in valuation since November 5, indicating strong investor interest. Meanwhile, Neuralink also saw a notable rise in its market valuation from $2 billion in 2021 to approximately $9.32 billion recently, reflecting advancements in brain-computer interface technology and recent human trials.
Investors in secondary markets have driven up the collective valuation of four of Musk's privately held companies by 45% since the Nov. 5 election.
xAI has emerged as the biggest driver of these gains, with its share price surging 110% since Nov. 5, bringing its valuation to approximately $96 billion.
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