According to @business, citing the Financial Times and Bloomberg on Oct 7, 2025, Elon Musk appointed a former Morgan Stanley executive as chief financial officer of xAI to help oversee one of the largest US AI startups, with both reports offering no details on financing plans, token initiatives, or immediate capital markets actions for xAI, which is relevant for traders tracking AI equities and any potential crypto-market spillover from Musk-related developments. Source: Financial Times; Bloomberg.