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Musk's xAI post-money valuation has reached $24 billion

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2024-05-28 14:44:18
On May 28, according to Reuters, Musk's AI company xAI was valued at $24 billion after the latest round of financing.
On May 27, xAI completed a $6 billion Series B financing round, with participation from Valor Equity Partners, Vy Capital, Andreessen Horowitz (a16z), Sequoia Capital, Fidelity Management and Research, Prince Alwaleed Bin Talal and Kingdom Holding.
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