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SpaceX and Tesla merger chatter is heating up. Here’s how Musk’s companies work together.

Elon Musk talks at a Nasdaq desk the day of SpaceX's IPO.
Elon Musk’s companies have been swapping IP and cash. It’s led to rumors of potential mega mergers.
  • The companies led by Elon Musk have become increasingly intertwined in the past couple of years.
  • These firms have shared employees and purchased batteries, software, and vehicles from each other.
  • SpaceX is expected to contribute to Tesla’s coming Roadster, for example, and xAI’s Grok is in Teslas and Optimus demo bots.

For years, the sprawling companies in Elon Musk’s business empire have worked closely together.

Tesla, SpaceX, The Boring Company, et al. have behaved like pieces of a shared ecosystem inside Elon Inc. — buying one another’s products, investing billions across company lines, sharing software and materials, and moving employees between ventures.

Now, the overlap is leading to consolidation. In the past year alone, Musk’s empire has already consolidated from six major companies to four after his xAI acquired social network X and SpaceX acquired xAI.

Those tie-ups are fueling a bigger acquisition question: Is he eyeing a mega-merger between aerospace company SpaceX and electric carmaker Tesla?

That speculation renewed on Friday when SpaceX president Gwynne Shotwell was asked on CNBC about combining the two.

“That might make Elon’s life a little easier, actually,” she said. “There’s no question that there’s synergies between Tesla and SpaceX in our futures, definitely, there’s a convergence of a kind of what we’re all trying to accomplish in the future.”

That merger would be the most dramatic step yet, collapsing two of Musk’s best-known companies into a single corporate giant.

Even without a deal, his companies are already increasingly intertwined. Here’s how:

Tesla and SpaceX are buying from each other

A Falcon Heavy rocket from SpaceX takes off from a launch pad in Florida during a clear day.
SpaceX is lending rocket-boosting tech to Tesla’s upcoming hyper-powered sports car, Musk said.

SpaceX is a major customer of Tesla’s energy business.

In SpaceX’s S-1 securities filing, the rocket and AI company unveiled that it spent $697 million on Tesla Megapack battery products across 2024 and 2025.

SpaceX is also giving some technology back to Tesla. Musk has said that the carmaker’s long-awaited next-generation Roadster will be a “Tesla/SpaceX collab” and feature SpaceX-built cold-gas thrusters. The hyper-powered sports car’s launch event has been repeatedly delayed after Musk penciled an unveil in for April 1.

“It’s gonna be really cool, and it’s gonna have some rocket technology in it,” he said during a 2024 sit-down with Don Lemon.

Tesla’s AI ambitions are increasingly tied to xAI

A person in light blue jeans sits in the front passenger seat inside a self-driving Tesla.
Tesla wants to build out its AI software, including its self-driving ambitions. CEO Elon Musk said a $2 billion investment in his software company would help.

Tesla’s January earnings disclosed that it had agreed to invest $2 billion in xAI, with a related “framework agreement” to explore additional collaboration opportunities.

Tesla has already integrated xAI’s Grok into its vehicles, allowing drivers to chat with the AI and use it to add and edit navigation destinations.

Videos have shown early versions of Tesla’s in-development Optimus robot using xAI’s Grok AI chatbot for its voice.

SpaceX and The Boring Company have bought Tesla vehicles

Boring Company Tesla entering tunnel
A Tesla entering the Hawthorne Tunnel, made by Elon Musk’s Boring Co.

Aside from full-blown investments or acquisitions, the most visible example of Musk’s companies coordinating might be Tesla’s vehicle sales to his tunnel-building startup.

The Boring Company, which operates tunnels in Las Vegas and Texas, uses fleets of Tesla vehicles to transport passengers through its underground systems. The tunnel builder has also constructed tunnels around Tesla’s Gigafactory in Austin.

It isn’t alone. SpaceX reported in its paperwork ahead of the public offering that it bought $131 million worth of Cybertrucks.

Musk’s employees move between companies

Elon Musk took over Twitter about a year ago.
Shortly after acquiring Twitter, Elon Musk brought Tesla engineers into the offices to work on its code base.

Musk has repeatedly drawn on employees from one company to support others in his portfolio.

In 2022, about a month after Musk bought Twitter — now known as X — he sent roughly 50 Tesla employees to the social-media company’s headquarters to help overhaul its code-review systems, according to court filings.

Musk later argued in court that the Tesla employees had “volunteered” to do the work and that their temporary reassignment should not concern Tesla’s board.

Executives share overlapping functions on several of Musk’s companies, too, according to org charts obtained by Business Insider.

For example, Charlie Kuehmann, the vice president of materials and engineering at Tesla, also holds the same title at SpaceX.

It’s all par for the course for ‘Elon Inc.’

The growing web of internal deals has fueled discussion among investors and analysts about whether Musk’s companies are evolving into something closer to a single, vertically integrated enterprise.

And it’s not clear if it’ll stop at SpaceX combining with xAI.

“In Tesla’s case, an important factor to consider is that investors are buying into Elon Musk’s vision for the future as much as they are buying into an automaker or clean energy company,” Lou Whiteman, a contributing analyst at The Motley Fool, told Business Insider in January.

“Since this group of companies, public and private, combine to represent Elon Musk’s full vision of the future, I’d bet that many investors are happy to see Tesla involved in all aspects of ‘Elon Inc.'”

Read the original article on Business Insider

The workers Meta and Google desperately need aren’t in Silicon Valley

a massive building under construction, surrounded by dirt
Companies need electricians, welders, and plumbers to build data centers.
  • AI infrastructure growth is exposing a major shortage of skilled blue-collar workers.
  • Google, Meta, and other tech giants are investing in programs to prepare Americans for construction jobs.
  • Tech firms need electricians, welders, and plumbers to build data centers, despite community backlash.

The AI race has a blue-collar problem. Big Tech wants to fix it.

Days after Meta said it was launching a $250 million program to train Americans for data center construction jobs, Google announced a similar initiative.

The search engine giant on Thursday said it is investing $50 million in skilled-trades training programs across the US in fields critical to building AI and energy infrastructure.

They are tailored for aspiring construction workers, electricians, plumbers, pipe fitters, welders, and other laborers. Some training program partnerships are already underway, a Google spokesperson said.

The moves follow efforts unveiled earlier this year by Oracle and Microsoft to expand existing initiatives aimed at building a pipeline of workers to support the AI boom. Together, they underscore a shortage of tradespeople capable of building the data centers essential to powering AI ambitions — and Big Tech’s increasing role in tackling it.

“The constraint on growth isn’t hiring more engineers. It’s building physical infrastructure,” said Tulane University business professor Rob Lalka. “Silicon Valley’s white-collar executives won’t succeed without blue-collar workers across America.”

The construction industry needs an estimated 349,000 new workers this year to meet demand elevated by AI, according to Associated Builders and Contractors, a trade group.

Since tech companies are more accustomed to training workers to use keyboards than bulldozers, they are partnering with organizations such as the International Training Institute for the sheet metal and air conditioning industry to achieve their goals. That has made the likes of Meta and Google highly appealing to proponents of long-standing programs designed to expand the ranks of hard-hat talent.

“We welcome the support of industry leaders like Google to create good, family-sustaining jobs and meet the growing energy needs of our economy,” said Kenneth Cooper, international president of the International Brotherhood of Electrical Workers, in a statement.

Big Tech’s push to build more data centers, however, has also attracted foes.

Some critics point to the vast number of layoffs that tech companies have linked to AI, while residents across the US have been protesting such projects in their communities in recent months. A May Gallup poll found that seven out of 10 Americans oppose living near a data center.

In 2025, permits were issued for 176 new data centers across 34 states — the most new permits in one year since the first was issued in 1976, Business Insider previously reported.

Read the original article on Business Insider

Inside the industrial boom bringing millions of people to the South

Arthur Hutton and Ken Bianco speak in separate industrial and lobby settings, one wearing a safety vest and one a JCB polo.
Arthur Hutton and Ken Bianco in their respective facilities in Savannah, Georgia
  • Five Southern states ranked among the US’ leaders in both economic and population growth in 2025.
  • A mix of low taxes, limited business regulation, and fast-tracked infrastructure projects is driving the boom.
  • This story was originally published on WELT, and reporter Jan Klauth traveled from Germany to meet the business leaders moving south.

Ken Bianco lets out a brief laugh when he hears the question. Open a factory in California — where most of his customers are? “Absolutely not,” says JCB’s vice president of commercial operations, slicing the air with his hand as if swatting away a bothersome fly. “California has become too slow,” he says. “Everything takes too long there — it’s simply not business-friendly.”

Bianco is standing in the lobby of construction and industrial equipment manufacturer JCB. To his left sits a model of the world’s fastest diesel engine, to his right a backhoe loader painted with a flame motif. When the company, founded in Britain in 1945, planned its first US plant in 2001, one thing was clear: it would head south. “Georgia welcomed us with incredible incentives,” Bianco recalls. Today, the firm’s North American headquarters stands here, complete with 500,000 square feet of production space, and a second large plant is currently under construction in the “Lone Star State” of Texas.

That Republican-governed states in the American South are attracting so much investment is no coincidence. A look at the data reveals a pattern. Georgia, Florida, South Carolina, Utah, and Texas ranked among the country’s leaders in both economic and population growth in 2025.

Table of states with the highest population growth from 2024 to 2025

While US GDP as a whole rose by 2.1% last year, Florida and South Carolina recorded gains of just over 3%, according to the Bureau of Economic Analysis — the highest rate of any state. Utah comes in just below that, with Texas also above the national average.

The trend of recent years is clear: While liberal metropolitan regions such as San Francisco, Boston, and New York remain the centers of finance, Big Tech, and research, industry is shifting ever more strongly into the Southern states. Manufacturing firms in particular are increasingly drawn to places where Republicans hold power. According to a report by CBRE, one of the nation’s largest real estate brokerage firms, 725 companies relocated their headquarters between 2018 and 2025. Increasingly, they left high-tax states like California or New York for Republican states like Florida or Texas.

Table of states with the highest real GDP growth from 2024 to 2025

Economies of powerhouse states like New York and California are still growing too, driven above all by the tech boom. But the stronger momentum is currently elsewhere, as the population figures show. While New York’s headcount is stagnating, California has been losing residents for several years — and the list of big-name companies turning their backs on the “Golden State” is growing steadily longer.

South Carolina, by contrast, is currently the nation’s fastest-growing state in percentage terms. Texas, according to the US Census Bureau, is gaining the most residents in absolute numbers: In the past 15 years alone, nearly 7 million people have moved there. Often overlooked, Utah is also buoyed by a young, growing population, while Florida leads the field in immigration from abroad.

Behind these numbers lie millions of individual decisions. Taken together, however, they point to a clear conclusion: in the first year of “Trump 2.0”, it is above all Republican-governed states that are attracting industrial investment and people. There is no shortage of examples.

Take billionaire investor Kenneth Griffin, who — spooked by New York’s mayor Zohran Mamdani’s tax plans — has declared he would rather invest in Miami than in New York. Or the software engineers from Tesla or Oracle who have left overheated Silicon Valley for Austin, drawn by a mix of tech jobs, leafy suburbs, and low income taxes. Or the fast-growing cohort of retirees selling their homes in the Midwest to enjoy the Florida sun. It is the industrial sector in particular that is fueling the upswing in the South, while the former “workbench of America” — the so-called Rust Belt — continues to bleed out.

One of the companies on a growth track is JCB, which operates its largest US plant just outside the port city of Savannah. “Twenty-five years ago, this was just an acre,” Bianco recalls. Today, the factory alone turns out more than 20 excavators a day, and soon that number is expected to rise to 30 — the order books are full. The plant employs 560 workers in production and around 200 in administration.

Its success also has to do with America’s military build-up under Donald Trump. In its commercials, JCB presents itself as a problem-solver that makes heavy equipment for construction sites. But the company has long since moved into the booming military business, which people here euphemistically refer to as “defense”.

Workers assemble JCB machines on a factory production line
Construction and industrial equipment manufacturer JCB in Savannah, Georgia

During the plant visit in Georgia, press officers monitor every step the visitors take and repeatedly urge them not to take photos — the highest level of security applies in the military area. In terms of the US Army, Georgia has another strategic advantage: the state is home to the country’s largest infantry presence, meaning the armed forces, a major client, are effectively on the doorstep.

Republican-governed states tend to have one thing in common: in most cases, they have been traditionally “red” for decades. Especially in Texas and Florida, some politicians see themselves, with pride, as the antithesis to the “blue” coastal metropolises; talk of “blue state bullshit” that they want to keep at arm’s length is commonplace. The relentless culture war that has been raging in the US for years has only intensified since Donald Trump returned to the White House.

In reality, though, the reasons why industrial companies prefer to invest in the Republican South are rather prosaic. Governors and local politicians promise to keep taxes low, limit the rules imposed on business, and fast-track infrastructure projects. In practice, that means fewer requirements, quicker permits, and more projects. Big-name developers who might wait years for a building permit in California or the Northeast encounter municipalities here that actively court investors.

Few examples show this as clearly as the corporate empire Elon Musk has moved from California to Texas. In the southwest of the Lone Star State, SpaceX rockets now shoot into the sky, and the company boasts the highest stock market valuation in history, while just outside the capital, Austin, the world’s richest man has, within a few short years, built an entire “corporate town” around his companies, Tesla, The Boring Company, and X.

Texas is, overall, a special case. The oil and gas business is benefiting from Trump’s policy of giving fossil fuels more room again; at the same time, tech clusters are springing up along the highways around Austin, Dallas, and Houston, where start-ups sit side by side with branch offices of corporations that have shifted activities from expensive coastal regions to the Sun Belt.

Cities like Austin are long past being the cheap alternative for hipsters from San Francisco; they have themselves become pricey metropolises plagued by traffic jams, housing shortages, and rising homelessness numbers. Yet compared with many coastal cities, a house with a garden remains within reach — and above all, the tax burden is lower.

Perhaps the most visible consequence of the investment boom is the construction spree. Around cities like Houston, Miami, or Atlanta, one new suburban development after another is going up. On the outskirts of hubs such as Savannah or Laredo, Texas — the largest freight gateway on the Mexican border — cranes are erecting new logistics centers almost weekly.

On top of this comes a second, hugely capital-intensive trend: the boom in data centers. With space at traditional locations such as the Bay Area or greater Seattle exhausted and expensive, investors have shifted their focus to places where land and energy are cheap, and politics are on their side. Alongside Democratic-run Virginia, that means above all rural regions in states like Texas and Georgia. One key reason: with power supplies tight, some operators are building their own gas plants right next to the data centers. Projects like these are approved far more quickly in Texas than in California.

And there is another reason companies are increasingly turning away from the “Golden State” when making new investment decisions — one that is often glossed over: risk management. What sounds like something out of a Western movie has, in fact, become a major factor in supply-chain planning. In recent years, train robberies on the West Coast have reached shocking levels. At the peak, around 90 containers a day were being looted in the Los Angeles area alone.

“Companies from South Korea, China, or Japan now prefer to send their containers to the Port of Savannah rather than Los Angeles,” says Arthur Hutton, who oversees operations at a recently opened logistics center near the Savannah docks. As Hutton walks through the halls, a major shipment has just arrived: pianos from Japanese manufacturer Yamaha and paper rolls from China. And indeed, evaluations by the US Department of Transportation show that California has lost market share to Atlantic ports — even though the route from Asia is longer and therefore more expensive.

One other reason for the shift in investment that companies don’t mention publicly: Workers are less often unionized in the Southern states. Take the logistics center, dominated by Amazon, in Savannah, for instance: None of the staff is part of any union, Hutton says.

California still boasts the largest economic output of any US state, thanks to Silicon Valley and Hollywood. But alongside Austin in Texas, other states are vying for tech supremacy. One is Utah, governed by Republicans continuously since 1985. The region around Salt Lake City has developed in recent years into a tech hub often referred to as the “Silicon Slopes”. Software firms, start-ups, and service providers leaving the pricey West Coast find here a blend of good pay, relatively modest living costs, and spectacular scenery.

South Carolina, Alabama, and Georgia, meanwhile, stand for the industrial South and have attracted major automotive plants and suppliers in recent years — from Europe, Asia, and other parts of the US. In addition to ports such as Savannah and Charleston, one reason is that unions are less powerful here than in the coastal metropolises — certainly a strong argument in the location decisions of German carmakers like Mercedes and BMW.

While these corporations in Germany are mainly making headlines for job cuts and the car industry at home is in crisis, the US is still seen as a growth market. Mercedes is investing $7 billion in the American market this year alone; BMW is putting in at least $1.7 billion. The “red South” continues to grow — helped along by money from Europe.

This story originally appeared on WELT and is courtesy of the Axel Springer Global Reporters Network, which harnesses the resources of the company’s newsrooms to publish ambitious scoops, investigations, interviews, opinion pieces, and analysis. It allows journalists — including those from POLITICO, Business Insider, WELT, BILD, Onet, and Fakt — to collaborate on major stories for an international audience of hundreds of millions across platforms.

Read the original article on Business Insider

I used Amtrak’s USA Rail Pass to travel to 11 states in 30 days. Here are 6 things I wish I knew before buying it.

Malia sits in a seat on a train with her legs stretched out.
I bought the Amtrak USA Rail Pass, and there are a few things I wish I had known beforehand.
  • I purchased Amtrak’s USA Rail Pass, which allowed me to take 10 trips for $499.
  • Although I thought the pass was a great value, there are a few things I wish I knew ahead of time.
  • For example, long trips provide the best value, but sleeper-car upgrades aren’t available.

I took my first long train ride when I was 18, heading upstate from New York City. I can still remember the view of the gold, rust, and deep-red leaves out the window.

I grew up in Hawaii, where there are no trains or fall foliage, so the experience felt completely new to me. That trip stayed with me, and now, I try to travel by train whenever possible.

Last year, I traveled through the East Coast and Midwest by rail, and by the time I reached Chicago, I finally decided to give Amtrak’s $499 USA Rail Pass a try.

With 10 rides to use within 30 days, I traveled through 11 states in a single month. Here are eight things I wish I knew before buying the pass.

Long trips provide the best value

Train tracks and highways with mountains in the background.
When using the USA Rail Pass, I like to book long trips to get the most value for my money.

The pass allows riders to book 10 “segments” on almost any Amtrak route. A segment refers to one time that you board and disembark, regardless of the distance traveled.

In other words, a short regional train counts the same as a multi-day route that crosses several states. So, I learned I was better off booking long trips to really get my money’s worth.

However, if a trip requires a transfer, that counts as two segments, so choosing the most direct route helps to stretch the pass further.

Plus, long rides in coach can often run passengers hundreds of dollars if booked individually, so even a few rides might cover the cost of the pass.

Sleeper-car upgrades aren’t available when using the pass

I’ll be honest — there have been times when I wished I had a private room so I could stretch out or have a little more privacy on the train.

But one of the tradeoffs with the USA Rail Pass is that I’m placed in a coach seat for every segment and don’t have the option to upgrade to a sleeper car.

Luckily, the seats on Amtrak (which are typically about 23 inches wide) recline, have a decent amount of legroom, and are generally quite comfortable. However, the only downside is they don’t lie flat.

So, when going on multiple long-distance trips with the pass, I recommend taking a break between rides to stay at a hotel.

I can save money by packing my own snacks

An assortment of snacks from Trader Joe's on the tray table of a train.
I come prepared with lots of snacks.

Dining-car meals are included for passengers traveling in roomettes and sleeper cars, but unfortunately, they are not included for coach passengers traveling with the USA Rail Pass.

Although I can sometimes request a dining-car reservation if there’s space, it’s first-come-first-served and can fill up quickly. Plus, the additional cost adds up quickly.

As a coach passenger, I do get access to the café car, which serves coffee, snacks, sodas, salads, and a few reheated items like breakfast sandwiches or mac and cheese.

However, I usually pack my own food to keep costs down. Although the staff cannot reheat or refrigerate anything for me, they sometimes give me hot water if I ask nicely.

So, I bring things like powdered soups, oatmeal packets, tea, and snacks that keep well at room temperature.

Even though the baggage policy is generous, it’s important to pack light and keep essentials on hand

A sign explaining Amtrak's baggage policy in a train station.
All passengers can bring two carry-ons and a personal item with them.

All passengers, regardless of ticket type or class, can bring two carry-ons and a personal item with them on the train. However, I recommend packing light to allow yourself enough time to get on and off the train quickly.

In order to keep myself organized, I also like to pack a smaller bag in my carry-on that includes anything I’ll want easy access to during the trip.

For example, I carry extra layers of clothing in case I get cold, a neck pillow, a light blanket, earphones, an eye mask, earplugs, and hygiene products.

The WiFi isn’t always reliable

While on long-distance routes, I’ve noticed that Amtrak’s WiFi often becomes unavailable. I’ve sometimes been able to use my phone’s hotspot, but even so, I’ve encountered long stretches without any cell service at all.

Now that I’m a seasoned traveler, I like to plan ahead by downloading movies, music, books, or maps before my trip.

However, I’ve also found that train travel is a good excuse to disconnect. I like to journal or sketch, write a postcard to a loved one, or simply daydream.

The Sightseer Lounge offers the best views

The sightseer car on an Amtrak train at sunset.
I love spending time in the Sightseer Lounge.

Certain trains come equipped with a Sightseer Lounge, which offers beautiful views of the country from large windows. The louge, which includes a mixture of booths, single, and double chairs, is my favorite spot on any train that has one.

As a frequent traveler, I’ve seen the glow of golden hour over a field of wheat, the soft rise of mountain ranges, and canyons filled with rivers and patches of fall color.

In my opinion, sights like these are what make rail travel truly special.

This story was originally published on February 4, 2026, and most recently updated on June 11, 2026.

Read the original article on Business Insider

Jeff Bezos says AI is like a knife that can be used for good or bad, and the solution isn’t ‘no more data centers’

Jeff Bezos speaks during an event
Amazon founder Jeff Bezos is becoming a CEO for the first time since stepping down from his post at Amazon in 2021. He is co-CEO of Prometheus, a physical AI startup.
  • Jeff Bezos said “government regulation has a lot of reasonable purposes.”
  • When it comes to AI, Bezos said regulators have to be careful not to go too far.
  • The Amazon founder used the analogy of outlawing knives just “because it can be used in a bad way.”

The way Jeff Bezos sees it, AI and the data centers that support the novel technology are like knives.

“You don’t want to accidentally outlaw the knife because it can be used in a bad way,” the Amazon cofounder said on CNBC on Thursday.

“Knives are important tools and yes, every once in a while they get misused by someone, but you don’t say the solution to that isn’t to say, ‘OK, no more data centers, right? No more knives.’ That’s not a smart approach to regulation.”

Bezos said that government regulation has a lot of “reasonable” purposes, pointing to federal regulatory agencies like the FAA and the FDA ensuring public safety when people board planes or take prescription drugs.

“There’s lots to be said for healthy government regulation to improve safety and products and so on,” he said. “And I don’t see why that won’t be applied at some point to the kinds of new tools that are being built by AI.”

The balance, Bezos said, is not going too far.

“You want to regulate the application level,” he added.

Bezos, in addition to advising Amazon on AI as executive chairman, is taking on his first CEO role since stepping down from his post as Amazon’s CEO in 2021. Bezos is serving as co-CEO of Prometheus, a physical AI startup that he launched with Vikram “Vik” Bajaj, who helped create Google’s life sciences company, Verily. Prometheus raised $12 billion in a Series B round.

“That is a big chunk of the funding we’ve raised,” he said. “And one of the reasons we’ve had to raise a significant amount of funding is because what we’re doing is very compute intensive.”

Addressing speculation about what Prometheus will do, Bezos said the startup is not building robots. Instead, the company wants to build AI models that change the future of engineering and manufacturing, ultimately achieving Bezos’ goal of creating an “artificial general engineer.”

“It’s really a set of tools that will give those engineers the ability to turn their dreams into reality much, much more quickly than is possible,” said Bajaj, who was interviewed alongside Bezos.

AI regulation is top of mind

The debate around AI regulation has heated up in the last year amid wider backlash against the technology. Meanwhile, AI companies are spending big on lobbying efforts as various states weigh potential regulations.

President Donald Trump recently signed an executive order that allows frontier AI model makers to voluntarily submit models for federal review up to 30 days before their public release.

On Wednesday, Trump said he expects leading AI companies to agree to “giving back” to the public, a reference that came after news outlet NOTUS reported that the White House is considering whether the US government should hold equity in AI firms.

Bezos did not directly address Trump’s order, nor did Anthropic CEO Dario Amodei, who on Wednesday suggested that “models above a threshold of compute” should undergo mandatory third-party testing by the government or private organizations. Amodei also wrote in an essay that the government should have the power to block the release of AI models if such testing showed they would “present unacceptable risks.”

Read the original article on Business Insider

$9 billion startup Tanium had a leadership shake-up after losing 5 top execs

Orion Hindawi, cofounder and executive chariman of Tanium
Orion Hindawi, cofounder and executive chairman of Tanium.
  • Tanium, a $9 billion cybersecurity startup, lost five top executives.
  • Tanium’s legal, people, marketing, and information security chiefs departed.
  • Tanium’s IPO plans remain uncertain, and the company has stayed private since its founding in 2007.

The cybersecurity startup Tanium, which was last valued at $9 billion, recently underwent a leadership reshuffle after losing five top executives.

Tanium, based in the Seattle area, was founded in 2007 and has stayed private since then. It has raised nearly $1 billion, according to PitchBook, and is backed by investors such as Andreessen Horowitz, TPG, and Salesforce Ventures.

Tanium hired its chief financial officer, Marc Levine, in 2021 to conduct a “readiness assessment” for an initial public offering. Several employees and executives had left Tanium in the past few years over uncertainty about whether the company would ever go public, Business Insider previously reported.

The departures mark another period of uncertainty for one of tech’s longest-running IPO candidates. Now, with several senior leaders gone and new executives cycling into key legal, people, and strategy roles, the company faces fresh questions about its next chapter and whether an IPO is still part of it.

Tanium’s chief legal officer Brady Mickelsen, chief people officer Tobias Julén, and chief information security officer Chris Hallenbeck left the company in May, according to their LinkedIn profiles. Mickelsen now has the same role at DigitalOcean, and Julén now works at StillFront as chief human resources officer.

Tanium’s chief marketing officer, Tara Ryan, no longer appears on the company website. She and Mickelsen were listed on the website in early June, according to the Wayback Machine. Ryan did not respond to a request for comment.

Tanium also brought on a new chief people officer, Carol MacKinlay, who was hired in April and has since resigned.

MacKinlay says she resigned due to a sudden issue with her family.

“I feel sorry that I left them in a lurch, but family has to come first. Great company with a great trajectory, and I wish them the best,” she said.

Since then, Russ Evans has been promoted to chief legal officer, and Shannon Rosales Mirani is the interim chief people officer. Paul Black also joined as the chief information security officer in May. The website does not list a chief marketing officer.

In May, Tanium also promoted Ben Stein, previously senior vice president of global operations, to chief strategy officer.

“Like all responsible companies, Tanium continues to adapt our approach, as well as our team, to best serve our customers and partners,” a Tanium spokesperson said. “We will continue to evolve to meet the needs of our constituents — and best serve them at a time when they need us most. We are confident in our experienced team at the helm, our momentum, and our ability to continue driving innovation and value for our customers and partners.”

Last year, Tanium cracked down on its return-to-office policy in an unusual way by withholding some equity grants from employees who don’t comply, Business Insider previously reported.

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