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Elon musk’s xai is in advanced talks to raise $15 billion in equity funding at a potential valuation of $230 billion, the wall street journal reported late on tuesday. Xai is in advanced talks to raise $15b at a $230b valuation, up from the $113b it reported after merging with x in march 2025 published about 7 hours ago Xai is reportedly close to raising $15b at a massive $230b valuation — more than double the $113b valuation disclosed when it merged with x earlier this year
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The fundraising pitch was shared with investors by jared birchall, musk’s wealth manager, as xai races to scale supercomputing capacity and compete with openai and anthropic. This new valuation would be a significant increase from the $113b valuation disclosed after xai acquired x in march. Elon musk's artificial intelligence company xai is raising $1.5 billion at a valuation of $230 billion, significantly up from its valuation in march
Sources say that musk's wealth manager has disclosed the financing terms
Musk has expressed skepticism about the related reports on social media, indicating external interest in his financing plans. Tesla (tsla) ceo elon musk’s xai is in advanced talks to raise $15b in new equity at a $230b valuation, the wall street journal’s becky peterson and berber jin report, citing people familiar with the plans
