Elon Musk’s xAI Seeks $20B in Funding, Eyes $120B Valuation
Elon Musk’s xAI aims to raise $20B at a $120B valuation—potentially the second-largest private funding round in history.
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Elon Musk’s xAI Seeks $20B in Funding, Eyes $120B Valuation Elon Musk’s xAI Funding Round Could Make History: $20 Billion Raise in the Works Is Elon Musk’s xAI raising $20 billion? Yes, and if successful, it could become the second-largest private startup funding round ever—right behind OpenAI's record-setting $40 billion deal. Investors and tech watchers are eagerly following this news, as xAI’s valuation could soar to over $120 billion. This massive funding push puts Musk’s artificial intelligence startup at the center of one of the most competitive and capital-intensive sectors in tech: AI innovation and social media integration. The xAI fundraising effort highlights the company’s explosive potential and reflects surging investor confidence in AI-powered platforms. Image Credits:Stefani Reynolds/Bloomberg / Getty Images xAI, Musk’s AI venture created to rival OpenAI, is reportedly in early-stage talks to secure $20 billion in new funding, according to a Bloomberg report. If the deal materializes, it would mark the second-larges…