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SpaceX continues preparations for IPO by dissolving xAI as a separate company and forming SpaceXAI as a sub division

Reddit r/stocks·u/Luka77GOATic·6 months ago
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#spacexai#spacex#company#separate#becoming
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“xAI is becoming SpaceXAI.In Wednesday’s annoucement of its compute partnership with Anthropic, the company formerly known as xAI referred to itself as “SpaceXAI.” It was the first time I had seen that name, and while I don’t think it’s a good one, it made some sense following SpaceX’s acquisition of xAI.

According to Elon Musk, “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX.”

Spruce: https://www.theverge.com/ai-artificial-intelligence/925469/xai-is-becoming-spacexai

This was obviously expected after the acquisition, I am just not sure on the name.