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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 The tesla chief in september said the company was not raising. Sources say that musk's wealth manager has disclosed the financing terms

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Musk has expressed skepticism about the related reports on social media, indicating external interest in his financing plans. 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. Xai, launched in july 2023 as a rival to openai, merged with musk’s social media platform x in march 2025.

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.

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