M&A News

CNBCAri Levy, Lora Kolodny

Musk to rebuild xAI after co‑founder exits as SpaceX assumes control ahead of IPO

Elon Musk says xAI is "being rebuilt from the foundations up" after a wave of senior departures and a merger that moved control to SpaceX. Filings showing Tesla converting its xAI investment into a SpaceX stake underscore tighter integration across Musk's companies as SpaceX eyes a public listing.

2026-03-13T11:38:35.348196-07:00

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2026-03-13T11:38:35.348196-07:00
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