🚨🇺🇸 MUSK’S XAI QUIETLY DROPS BENEFIT CORP STATUS AMID CONTROVERSIES
🔹Elon Musk’s xAI, once incorporated as a Nevada public benefit corporation (PBC), secretly shed its designation in May 2024, raising accountability concerns.
🔹The shift went unnoticed—even Musk’s lawyers still referred to xAI as a PBC in 2025 filings.
🔹Soon after, xAI faced backlash over pollution from its Memphis data center, NAACP lawsuits, and Grok chatbot’s harmful outputs.
🔹Critics say Musk abandoned transparency while demanding it from rivals like OpenAI.
-CNBC