Baris Akis

Person

Last mentioned: Mar 16, 2026

Timeline

  1. The Apology

    Musk admits xAI was built incorrectly and announces a foundational rebuild.

  2. Musk's Admission

    Musk publicly apologizes and announces xAI is being rebuilt from the foundations up.

  3. Cofounder Exodus

    Prominent researchers Jimmy Ba and Tony Wu depart amid performance tensions.

  4. SpaceX Merger

    SpaceX acquires xAI in a deal valuing the combined entity at $1.25 trillion.

  5. SpaceX Merger

    SpaceX acquires xAI in a deal valuing the combined entity at $1.25 trillion.

  6. Tesla Investment

    Tesla discloses $2B investment in xAI Series E round in Q4 shareholder letter.

  7. Tesla Investment

    Tesla discloses a $2 billion investment into xAI's Series E funding round.

  8. xAI Launch

    Musk launches xAI with 12 cofounders to 'understand the universe.'

  9. xAI Launch

    Elon Musk launches xAI with a mission to understand the universe.

Stories mentioning Baris Akis 2

markets Bearish

Musk Admits xAI 'Not Built Right' Amid SpaceX Merger and Tesla Legal Heat

Elon Musk has issued a rare public apology, admitting that his AI startup xAI was fundamentally flawed and is being rebuilt from the foundations up. This admission comes just weeks after a $1.25 trillion merger with SpaceX and amid intensifying shareholder lawsuits over the diversion of Tesla resources.

4 sources