2025-06-03 08:44:46.AIbase.18.5k
Elon Musk's xAI Company Starts $300 Million Stock Sale Plan with Valuation as High as $113 Billion
According to reports from the Financial Times, Elon Musk's artificial intelligence startup xAI is launching a stock sale plan worth $300 million. This plan is believed to be conducted in the secondary market with the aim of allowing company employees to sell their shares to new investors. The valuation of this stock sale reached $113 billion (approximately RMB 813.67 billion), showing the high attention the market pays to xAI. Previously, xAI was valued at $33 billion.