Will's Blog: Docs: xAI terminated its status as a public benefit corporation as of May 9, 2024; XAI Holdings, which houses xAI and X, also doesn't have a PBC designation (Lora Kolodny/CNBC)

25 August 2025

Docs: xAI terminated its status as a public benefit corporation as of May 9, 2024; XAI Holdings, which houses xAI and X, also doesn't have a PBC designation (Lora Kolodny/CNBC)

Lora Kolodny / CNBC:
Docs: xAI terminated its status as a public benefit corporation as of May 9, 2024; XAI Holdings, which houses xAI and X, also doesn't have a PBC designation — When Elon Musk created his artificial intelligence startup xAI in 2023, he incorporated it as a Nevada public benefit corporation …

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