Elon Musk’s xAI Targets $20 Billion Funding In Ongoing Talks

April 26, 2025, 12:20 am

Elon Musk’s xAI is negotiating a staggering $20 billion funding round that could push its valuation beyond $120 billion. Early-stage discussions signal a bold expansion move in the competitive AI landscape. With investors watching closely, these high-stakes talks mix ambition with a hint of unpredictability.

Bluesky: @techcrunch.com

techcrunch.com / Musk’s xAI Holdings is reportedly raising the second-largest private funding round ever

Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would constitute the the second-largest...

cnbc.com / Elon Musk's xAI Holdings in talks to raise $20 billion, Bloomberg News reports

The funding would value the company at over $120 billion, according to the Bloomberg report.

techinasia.com / Musk’s xAI said to be in talks to raise $20b

Discussions are in early stages, with the company aiming to secure the funds in the coming months.

permalink / 4 stories from 4 sources in 6 hours ago #ai #startups #deals #investment #vc #business #genai

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