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Musk's xAI Seeks up to $200 Billion Valuation in Next Fundraising, FT Reports
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By Reuters
Published 6 hours ago on
July 11, 2025
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xAI logo is seen in this illustration taken, February 16, 2025. (Reuters File)

xAI logo is seen in this illustration taken, February 16, 2025. (Reuters File)

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Elon Musk’s xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence company as high as $200 billion, the Financial Times reported on Friday, citing people close to the talks.

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(Reporting by Juby Babu in Mexico City; Editing by Pooja Desai)

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