An additional 83.33 million shares would be available to purchase at the fixed rate after the first IPO by the initial investors, while Musk would keep 82% voting control in the company.

LONDON, June 3 (Reuters) - British lawmaker Jess Asato is suing Elon Musk’s xAI, saying in a statement on Wednesday the Grok AI platform had been used to create fake sexualized images of her.