In Brief Posted: 10:24 AM PDT · May 20, 2026 Julie Bort OpenAI barrels toward IPO that may happen in September A day after Elon Musk lost his lawsuit that threatened OpenAI’s structure, leadership, and finances, the AI giant is ready to move forward with its initial public offering, sources told th… …
… SpaceX acquired xAI — two companies owned by Musk — in February and has since installed new leadership at the company. …
… But revenue has continued to grow steadily, and the new leadership is confident that its human-agent products will enable it to rebound. “This acquisition accelerates our roadmap and takes us into the next phase of human-agent work,” said CEO Dan Rogers in a statement. “We’re already seeing real mo… …
… You want to transact and be done — but with extremely high confidence in the security and reliability of that transaction. …