Insiders: Musk's xAI has completed a $5 billion financing

2024-11-15 21:02:59

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ChainCatcher news, according to the Financial Times, Musk's SpaceX and xAI will achieve a valuation leap of billions of dollars through a new deal. According to insiders, Musk's artificial intelligence startup xAI has raised $5 billion, reaching a valuation of $45 billion, nearly double its valuation from a few months ago.

According to insiders, SpaceX is preparing to launch a tender offer in December, selling existing shares of the company at about $135 per share. This would push the rocket manufacturer's valuation above $250 billion.

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The Collision of Musk and the Cryptocurrency Industry

Topic or theme The Collision of Musk and the Cryptocurrency Industry

Elon Musk's actions in the cryptocurrency market always provoke strong reactions. Musk will join the U.S. government's efficiency department, and the market value of DOGE has subsequently reached a new all-time high. This topic will cover the "collisions" between Musk and the cryptocurrency industry.

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