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Elon Musk Names Former Morgan Stanley Banker Anthony Armstrong As xAI CFO Amid $200 Billion Valuation Push: Report
Yahoo Finance·2025-10-09 05:30

Elon Musk has reportedly appointed former Morgan Stanley (NYSE:MS) banker Anthony Armstrong as the new chief financial officer of his artificial intelligence firm xAI. Armstrong To Oversee Finances For xAI And X Armstrong will oversee financial operations for both xAI and social media platform X, which Musk merged earlier this year in a deal valuing the combined entity at roughly 113billion,reportedtheFinancialTimes,citingunnamedsources.Trending:Thesefiveentrepreneursareworth113 billion, reported the Financial Times, citing unnamed sources. Trending: These five entrepreneurs are worth 223 billion – ...