xAI Aims for $200 Billion Valuation with New Funding Round

September 22, 2025
Elon Musk's xAI is reportedly seeking $10 billion in funding, potentially valuing the company at $200 billion, despite Musk's denial of ongoing fundraising.

Elon Musk's artificial intelligence company, xAI, is reportedly in the process of raising $10 billion in a new funding round. This round could value the company at $200 billion, according to unnamed sources. This valuation would position xAI above competitors like Anthropic, which recently secured a $183 billion valuation.

The fundraising efforts come shortly after xAI raised $10 billion in debt and equity, which brought its valuation to approximately $150 billion. Despite these reports, Musk has publicly denied that xAI is currently raising any capital, labeling such claims as "fake news."

xAI has faced various controversies, particularly concerning its Grok chatbot, which has been criticized for inappropriate content. Despite these challenges, the company continues to push forward in the competitive AI market, with plans to expand its infrastructure and capabilities.

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