WSJ Tech News Briefing TNB Tech Minute: X Restructures Ahead of SpaceX IPO
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Mar 26, 2026 Company X trims marketing and nontechnical teams as it reorganizes ahead of a major SpaceX IPO. Fannie Mae moves to accept crypto-backed mortgages through platforms like Coinbase. The FCC advances rules to bring telecom call centers back to the U.S., with new location and language requirements. Regulators’ push could speed up automation in customer service.
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X Restructures Ahead Of SpaceX IPO
- X is restructuring as SpaceX pursues a potential $1 trillion IPO, triggering executive departures and team reshuffles.
- Julie Chang reports the CMO was let go, nontechnical staff were cut, and X merged with XAI then with SpaceX earlier this year.
Fannie Mae Embraces Crypto-Backed Mortgages
- Fannie Mae will accept crypto as collateral for mortgages via a new product from Better Home and Finance and Coinbase.
- Homebuyers can pledge crypto instead of selling it for a cash down payment on a Fannie-backed mortgage.
FCC Moves To Bring Call Centers Back To The U.S.
- The FCC advanced rules requiring telecoms to disclose agent location, cap offshore calls, require English proficiency, and let customers choose U.S.-based agents.
- Analysts warn carriers may respond by accelerating AI and automation of customer service.