Musk’s xai holdings seeks $20b funding, aiming for $120b valuation, marking the second-largest private raise; funds to ease x’s $200m monthly debt obligations
Elon Musk’s xAI Holdings is reportedly seeking to raise $20 billion at a valuation exceeding $120 billion. If successful, this would be the second-largest private funding round ever, serving to address X’s $200 million monthly debt servicing costs. Source:…
Elon Musk’s xAI Holdings is reportedly seeking to raise $20 billion at a valuation exceeding $120 billion. If successful, this would be the second-largest private funding round ever, serving to address X’s $200 million monthly debt servicing costs.
Source: techcrunch.com