Elon Musk restructures xAI ahead of $1.25 trillion SpaceX merger and planned IPO

Billionaire Elon Musk has reorganized his artificial intelligence startup xAI in preparation for a merger with SpaceX and a planned initial public offering later this year, potentially one of the largest IPOs ever. The overhaul follows the recent departure of several co-founders, leaving only six of the original twelve, as Musk positions the company to […]


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