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Elon Musk responds to XAI's $20 billion funding at a $200 billion valuation: false news, XAI has not raised any funds so far.

Elon Musk responds to XAI's $20 billion funding at a $200 billion valuation: false news, XAI has not raised any funds so far.

2025-09-20 07:44

ChainThink message, September 20, Elon Musk responded to the report that XAI raised $10 billion at a valuation of $200 billion: "This is fake news. XAI is not currently raising any funds."


Previously, CNBC reported that sources revealed Elon Musk's artificial intelligence startup xAI is raising $10 billion from investors, with the company's valuation reaching $200 billion in this round of financing. This once again reflects the trend of soaring valuations for companies developing foundational AI models. Earlier this month, Anthropic raised $13 billion, with a valuation of $183 billion. The largest company in the industry, OpenAI, reached a valuation of $500 billion through secondary stock sales. According to reports, this funding round took place a few weeks after Musk raised $10 billion through debt and equity financing, at which time the market estimated xAI's valuation to be around $150 billion. (Jinshi)

#Fundraising#OpenAI

Disclaimer: Contains third-party opinions, does not constitute financial advice

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