In terms of Elon Musk specifically, I feel like it affirms what most of already thought of his relationship with AI safety (AIS). Even among billionaire technologists conscious of AIS and who achieved fame and fortune in Silicon Valley, Musk is an ambitious and exceptionally impactful personality. This of course extends to all his business ventures, philanthropy and political influence.
Regardless of whether it's ultimately positive or negative, I expect the impact of xAI, including for AIS, will be significant. What the quality of the impact will be strikes me as ambivalent. I.e., it's not a simple question of whether it will be positive or negative.
I expect xAI, at least at this early stage, will be perceived as having some mildly positive influence on AIS. There are of course already some more pessimistic predictions. I expect within a couple years the pessimistic predictions may be vindicated as apparently negative impacts on AIS will outweigh whatever positive impacts xAI may have. The kind of position I'm summarizing here seems well-reflected in this post on Astral Codex Ten that Scott Alexander posted last week about why he expects xAI's alignment plan will fail. I've not learned much about xAI yet, though my own model for having an ambivalent but somewhat pessimistic expectation for the company is based on: