Though Musk can appeal the decision, there are signs that this battle is about more than just the massive pay package that has propelled him to a $205 billion fortune. As much as the Delaware ...

Elon Musk’s artificial intelligence startup xAI revealed that it raised $6 billion in its latest funding round as the startup continues to ramp up in its battle against bitter rival OpenAI.

Mr Musk had been due to receive $56bn (£44bn) in pay from Tesla under a historic compensation package struck in 2018. The payout would be one of the biggest in US corporate history.