Elon Musk Is Rebuilding Everything - Issue #621 Thursday, March 19th 2026 06:00PM
FinTech Weekly - Clarity in FinTech
The Lead
He also brought in three of the most credentialed engineers in the AI space: Andrew Milich and Jason Ginsberg, who scaled Cursor to a $2 billion revenue run rate, and Devendra Chaplot, Mistral AI co-founder and Thinking Machines Lab founding member, joining to work directly on Grok model training.
He said xAI was not built right the first time. He is now building it again — with different people and different infrastructure underneath it.
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From Our Partner
As businesses grow, payments break, billing gets messy, and engineers stop building to fight fires. Stripe’s playbook reveals how these leaders built infrastructure that scales.
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Interesting Stories
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AI agents cannot open bank accounts. But...
Read → Three moves suggest they will not need to
Connecting the Dots
Musk is assembling the components of a vertically integrated AI infrastructure that does not depend on any external supplier, any external talent pool, or any external compute provider.
Every piece he added makes the next piece easier to add.
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