$20B! Musk's xAI Seeks New Funding After X Merger, Set to Be 2nd-Largest Startup Round Ever
Elon Musk seeks $20 billion for XAI Holding, aiming to repay debts and shift focus to AI and subscriptions.
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Musk's xAI and X Merge, New Developments Emerge!
Elon Musk is seeking $20 billion in funding for the newly merged XAI Holding.
If the deal is completed, the valuation of the new XAI will exceed $120 billion.
This would make it the second-largest single-round financing for a startup in history, following OpenAI’s $40 billion round.