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Elon Musk's AI startup xAI sees mass exodus of co-founders
NewsBytes | March 13, 2026 1:40 PM CST

xAI is owned by SpaceX now

The departures come as xAI restructures under Musk, with layoffs impacting projects like Macrohard (automation) and Grok Imagine (image and video tools).
The company is now owned by SpaceX and could be eyeing an IPO soon, but it faces pressure to deliver on its AI goals while navigating all these changes.


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