Elon Musk blasts CNBC report that xAI raised $15B as ‘false’

Business

Elon Musk blasted a CNBC report that claimed his firm, xAI, has raised $15 billion as “false.” The news outlet reported that xAI has added $5 billion to a $10 billion round it reported on two months ago, citing anonymous sources. That $10 billion round valued the company at $200 billion, CNBC stated in September. Musk previously called that report wrong, too. Asked for comment, xAI told the The Post, “Legacy Media Lies,” an apparent automated reply. CNBC did not immediately respond to The Post’

Elon Musk says report on xAI's $15 billion fundraise is 'false' https://www.channelnewsasia.com/ - 13.11.2025 20:45

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Elon Musk says report on xAI's $15 billion fundraise is 'false' https://www.channelnewsasia.com/ - 13.11.2025 20:45