Elon Musk, the well-known entrepreneur, leads xAI, which is now seeking to raise a huge sum of money. According to available information, xAI is in advanced talks for $15 billion in new financing (approximately CZK 345 billion at the current exchange rate). This investment would raise the company's total value to around $230 billion (about CZK 5.29 trillion). That is more than double the $113 billion valuation the company had after merging with X Corp in March 2025.
Details of the deal were presented to investors by Jared Birchall, Musk's wealth manager. The talks are progressing intensively, but it is not yet entirely clear whether the $230 billion valuation applies before the new funds are invested (pre-money) or after the investment (post-money). This will affect how large a stake the new investors receive. xAI responded briefly to some media inquiries: "Legacy Media Lies," suggesting that it closely monitors what is said about it publicly.
Strong investor interest
Investors are highly interested in this opportunity. The reason is xAI's plan, which includes developing its own artificial intelligence (AI) models, expanding data centers, and strengthening AI infrastructure in the US. The company is already investing in major projects, such as the Colossus supercomputer at a data center in Memphis, Tennessee. A large portion of the new funds is expected to go toward purchasing graphics processing units (GPUs) and other infrastructure that will help develop and run advanced AI models.
The company aims to compete with major players such as OpenAI and Google. The funding is expected to help accelerate development and ensure that xAI can rapidly expand its artificial intelligence capabilities.
With such a valuation, xAI is becoming one of the largest players in the AI world. The merger with X Corp in March 2025 already propelled the company forward, and the new financing could now lead to even faster growth.
Overall, this is a major event in the technology world. Elon Musk and his team at xAI are demonstrating their ambition to transform how artificial intelligence works, and investors believe in them enough to commit enormous sums. These negotiations could soon conclude with a successful deal that will propel the company even further.
Sources: wsj.com and theinformation.com
