Sources: xAI is in high-level talks with investors to raise $15 billion.

GateNews

2025-11-19 04:13:29

PANews news on November 19: According to the Wall Street Journal, sources say that xAI is in high-level negotiations with investors to raise $15 billion, which will bring xAI's valuation to $230 billion. Insiders say that Elon Musk's wealth manager, Jared Birchall, disclosed the terms of a new round of financing to investors on Tuesday night. CNBC had previously reported on xAI's financing plans, but Musk refuted the claims, stating that “the news is false.”

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