Musk will refocus his attention on his businesses after his legally limited time as a Special Government Employee comes to an end.

Elon Musk may be spending more time at Tesla—but there's plenty going on at his other businesses, too. The Financial Times earlier Monday reported that xAI, known in part for the AI chatbot Grok, seeks to raise $300 million at a company valuation of $113 billion in a deal that would let employees sell shares.