Elon Musk’s xAI Nears $15 Billion Funding Round at $230 Billion Valuation
Elon Musk's artificial intelligence venture, xAI, is in advanced negotiations to secure $15 billion in new funding, potentially valuing the company at $230 billion. This marks a dramatic surge from its $113 billion valuation in March 2025 following its acquisition of X. The capital injection WOULD rank among the largest in AI industry history.
The funding reflects xAI's strategic pivot toward AI infrastructure development, including its Grok chatbot and the Colossus supercomputer project in Memphis. Musk's proposal for Tesla to invest in xAI has faced scrutiny from Tesla Chair Robyn Denholm over due diligence concerns.
Executive departures have coincided with the fundraising push, including the exits of X CEO Linda Yaccarino and financial chiefs from both xAI and X. Jared Birchall, Musk's wealth manager, is reportedly circulating deal terms to potential investors, though valuation specifics remain unclear.
