Thursday, 12 February, 2026
Elon Musk Restructures xAI Following SpaceX Merger to Prepare for Public Listing
Elon Musk has initiated a significant reorganization of xAI following its merger with SpaceX, signaling a strategic move toward an initial public offering. This restructuring aims to streamline operations and leverage SpaceX’s engineering resources to accelerate AI development. By aligning these entities, Musk seeks to bolster xAI’s valuation and competitive edge against rivals like OpenAI.
Read full story at Economic Times