PANews reported on October 7th that Elon Musk has appointed former Morgan Stanley executive Anthony Armstrong as Chief Financial Officer of xAI and X. Armstrong's role is crucial as Musk works to improve X's financials and expand xAI's business. xAI recently secured funding at a $200 billion valuation but faces high infrastructure costs.
Musk appoints former Morgan Stanley executive Anthony Armstrong as CFO of both xAI and X-Company
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