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Anthony Armstrong exits as xAI CFO after stabilizing X finances
NewsBytes | April 10, 2026 4:39 PM CST

SpaceX targets $75B IPO, $1.75T valuation

Armstrong reported to Bret Johnsen, who oversees finances for both xAI and SpaceX.
These leadership changes come as SpaceX is getting ready for a huge IPO, aiming to raise $75 billion and possibly hit a $1.75 trillion valuation.
The plan includes giving regular people a shot at buying shares, with an investor event lined up for June.


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