Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Elon Musk’s xAI Plans New Funding Round with Target Valuation Soaring to $200 Billion

Elon Musk’s xAI Plans New Funding Round with Target Valuation Soaring to $200 Billion

金色财经金色财经2025/07/11 20:32
Show original

According to a report by Jinse Finance citing sources familiar with the matter, Elon Musk’s artificial intelligence company xAI is preparing for a new round of financing, with the company’s valuation potentially reaching as high as $200 billion—a tenfold increase compared to early last year. The fundraising is currently under discussion and could officially launch as early as next month, marking the company’s third large-scale stock offering in less than two months. In July, xAI raised $10 billion through loans and cash investments, and in June, it sold $300 million worth of shares via a secondary stock offering. This deal will further solidify the rapid rise in xAI’s valuation. In May 2024, xAI was valued at $18 billion during its Series B financing round.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!