Elon Musk appoints ex-Morgan Stanley banker as xAI's CFO
Elon Musk has appointed former Morgan Stanley banker Anthony Armstrong as the CFO of his AI firm xAI. This comes amid the exodus of top executives from Musk's companies in recent months, including X CEO Linda Yaccarino and xAI's former CFO Mike Liberatore. Additionally, Armstrong had previously advised Musk on his $44 billion acquisition of X in 2022.