Elon Musk’s xAI in talks to raise $15B at $230B valuation: report
Lucian Nemoiu
Elon Musk’s firm, xAI, is reportedly in advanced talks to raise $15 billion in new equity – after the billionaire last week slammed a CNBC report about the funding round as “false.” The deal would hike xAI’s valuation to $230 billion, people familiar with the plans told the Wall Street Journal. That’s a strong jump from the $113 billion valuation that xAI disclosed after it acquired Musk’s social media platform X, formerly known as Twitter, in March. Asked for comment, xAI told The Post, “
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