xAI’s CFO is the latest executive to leave the Elon Musk’s AI firm

Mike Liberatore, the chief financial officer of xAI, has officially parted ways with the company, as reported by The Wall Street Journal. His exit adds to a growing list of notable departures from the AI firm founded by Elon Musk. Liberatore, who previously worked at Airbnb, joined xAI in April but left just a few months later, around the end of July. During his tenure, he played a pivotal role in securing a substantial $5 billion in debt financing and another $5 billion in equity, with nearly half of that investment coming from SpaceX. Additionally, he was involved in overseeing the expansion of xAI’s data centers in Memphis. His resignation follows that of Robert Keele, xAI’s general counsel, who left the firm in August after more than a year in his role. Other notable exits include senior lawyer Raghu Rao and co-founder Igor Babuschkin, the latter of whom announced his departure to focus on launching a new venture capital firm aimed at AI safety research. Adding to the turmoil, Linda Yaccarino, the former CEO of X, also resigned in July amid concerns regarding the behavior of Grok, xAI’s AI chatbot integrated with X. This series of departures has raised questions about the stability and future direction of Elon Musk’s AI enterprise, which acquired X in late March.