xAI CFO Mike Liberatore Leaves Amid Wave of Executive Departures

Mike Liberatore, chief financial officer of Elon Musk’s AI firm xAI, has exited the company after joining in April and departing around the end of July. Liberatore, who helped orchestrate a $5 billion debt raise and an equivalent equity raise—half of which came from SpaceX—and oversaw a data‑center expansion in Memphis, leaves following the recent exits of general counsel Robert Keele, senior lawyer Raghu Rao, co‑founder Igor Babuschkin, and former X CEO Linda Yaccarino. The departures come as xAI continues its rapid growth after acquiring X in late March.

Executive Turnover at xAI

Elon a recent report, xAI’s chief financial officer, Mike Liberatore, has left the company. Liberatore’s exit adds to a string of high‑profile departures that have taken place at the Elon Musk‑owned artificial‑intelligence firm in recent months.

CFO Mike Liberatore’s Tenure and Exit

Mike Liberatore, a former Airbnb executive, joined xAI in April. During his brief tenure, he played a pivotal role in orchestrating a $5 billion debt raise and a matching $5 billion equity raise. Approximately half of the equity financing came from SpaceX, underscoring the close financial ties between Musk’s aerospace venture and his AI ambitions. Liberatore also oversaw the expansion of xAI’s data‑center operations in Memphis, a strategic move aimed at bolstering the firm’s computing capacity.

According to the source, Liberatore departed the company around the end of July, marking roughly a four‑month stint at xAI.

Other Recent Departures

The CFO’s exit follows the departure of several other senior figures. General counsel Robert Keele left in August after a little over a year on the job. Around the same time, senior lawyer Raghu Rao also exited, aligning his departure with those of Keele and Liberatore.

Co‑founder Igor Babuschkin announced his departure last month, stating his intention to launch a venture‑capital firm focused on AI safety research. Additionally, Linda Yaccarino, who previously served as CEO of X, resigned in July, a move reportedly linked to concerning behavior from Grok, xAI’s chatbot that can be accessed through X.

Strategic Context

These leadership changes occur as xAI continues to integrate X, which it acquired in late March, into its broader operational framework. The rapid turnover of senior executives raises questions about the firm’s internal stability and its ability to sustain the aggressive growth trajectory set by its founder.

While the departures have not been directly tied to any specific operational failures, the clustering of exits—spanning finance, legal, and product leadership—suggests a period of transition as xAI refines its organizational structure and strategic priorities.

Implications for xAI

The exit of a CFO who helped secure multi‑handed financing and oversee critical infrastructure projects could impact xAI’s short‑term financial planning and execution. However, the firm’s access to substantial capital—illustrated by the combined $10 billion raised—may mitigate immediate concerns.

Furthermore, the departures of legal counsel and a co‑founder focusing on AI safety hint at potential shifts in governance and research emphasis. Observers will likely watch how xAI fills these leadership gaps and whether the company’s strategic direction remains aligned with Elon Musk’s broader vision for artificial intelligence.