AI market

High xAI Valuation at Core of Musk’s New Funding Moves

June 3, 2025
Elon Musk’s AI company, xAI, is driving bold financial moves backed by a colossal $113 billion xAI valuation, as it seeks $5 billion in new debt and conducts a major share sale—signaling sky-high ambitions for the young venture recently merged with social media platform X. Reports on Monday revealed that xAI is raising capital on