X’s director of engineering, Haofei Wang, has out of the blue left the corporate, based on sources with information of the matter.
Wang first joined Elon Musk’s X in July 2023 and has been an integral a part of the corporate’s management, usually serving as a conduit between Musk and the remainder of the corporate’s engineers. More just lately, he was seen internally as X’s defacto head of engineering and product, particularly with Musk just lately focusing extra of his time on xAI and DOGE. It’s unclear why Wang is departing now. Neither he nor an organization spokesperson responded to a request for remark in time for publication.
X just lately added different engineering management: Mike Dalton and Uday Ruddaraju, each beforehand technical leads at Robinhood, joined in January. Their LinkedIn profiles present that in addition they work at xAI, which has turn out to be more and more intertwined with X during the last 12 months.
Thanks to the rising profile of xAI and Musk’s newfound political affect, X’s enterprise seems to be turning round. The firm reportedly simply obtained a $44 billion valuation from traders — the identical worth Musk paid for Twitter in 2022. While Musk stays an avid poster on X, his consideration and management at X has turn out to be more and more break up since he began campaigning for President Donald Trump final summer season.
When Musk first bought Twitter, he vowed to rework it into an “all the things app” akin to China’s WeChat. The Verge beforehand reported an inner X assembly the place Musk stated that it “would blow my thoughts” if the corporate couldn’t deal with “somebody’s total monetary life” by the tip of 2024. Those plans haven’t come to fruition, although my sources say that work continues to be underway to launch the X Money funds platform (it’s slated to return “later this 12 months”).
