Surprise Me!

Elon Musk's XAI Targets $113 Billion Valuation With $300 Million Share Sale

2025-06-03 24 Dailymotion

Elon Musk‘s artificial intelligence startup xAI is pursuing a $300 million share sale that would value the combined entity at $113 billion. The secondary offering allows existing staff to sell shares to new investors while validating the price tag established during xAI’s March acquisition of social media platform X.