Elon Musk's xAI secretly dropped its benefit corporation status while fighting OpenAI
- Posted on August 25, 2025
- By CNBC
- 2 Views

Elon Musk's xAI secretly dropped its benefit corporation status while fighting OpenAI

Elon Musk started xAI as a public benefit corporation, but dropped that distinction last year as the company's operations in Memphis, Tennessee were expanding.