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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. Billionaire elon musk on thursday said on x the cnbc report of his artificial intelligence startup xai raising $15 billion in a series e funding round was false. Xai raises $15b in series e round elon musk 's artificial intelligence company xai is raising $15 billion from investors, sources familiar with the matter told cnbc's david faber.
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Xai, launched in july 2023 as a rival to openai, merged with musk’s social media platform x in march 2025 at a disclosed valuation of us$113 billion. This valuation represents a significant leap from the $113 billion valuation disclosed when it merged with musk's social platform x in march of this year.sources said that musk's private wealth. 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. 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 Blockbeats news, november 19, according to the wall street journal, sources revealed that musk's ai company xai is in deep negotiations, planning to raise $15 billion at a valuation of $230 billion
