Last XAI Co-founder Ross Nordeen Departs
Analysis based on 6 articles · First reported Mar 28, 2026 · Last updated Mar 29, 2026
The departure of Xai's entire founding team and its ongoing restructuring create uncertainty for the company's future, potentially impacting its ability to compete in the AI market. However, the integration of Xai into SpaceX and the latter's upcoming IPO could still bolster SpaceX's valuation, attracting investor attention despite Xai's internal turmoil.
Ross Nordeen, the last remaining original co-founder of Xai, has departed the company, marking a complete turnover of its founding leadership team. This exit follows a wave of departures, with eight co-founders leaving since January, including Manuel Kroiss. The leadership churn coincides with a radical restructuring of Xai, which Elon Musk stated 'was not built right the first time' and is being rebuilt 'from the foundations up.' This upheaval comes after SpaceX acquired Xai in February, a strategic move ahead of SpaceX's highly anticipated IPO. Despite a reported valuation of $250 billion, Xai trails major rivals like OpenAI and Anthropic in scale and reach. Elon Musk is actively recruiting new talent, having brought on nearly a dozen new hires, including senior leaders from ERC.
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