2025-06-03
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Good morning from the Financial Times.
Today is Tuesday, June 3rd, and this is your FT News Briefing.
Elon Musk is trying to build up his artificial intelligence business,
and China's property market continues to struggle.
Plus,
the U.S. government took over two giant mortgage lenders after the 2008 financial crisis.
Now they might go private again.
I'm Mark Filippino, and here's the news you need to start your day.
Elon Musk's AI company XAI is launching a $300 million share sale.