Raised
$6B
Post-money valuation
$24B
Date
May 2024
Source
Notes
Series B round of $6 billion at a $24 billion post-money valuation (pre-money was $18B per Musk). Investors include Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Co., Prince Alwaleed Bin Talal and Kingdom Holding, among others.
Other Rounds by xAI
5| Round | Raised | Valuation | Lead Investor | Date |
|---|---|---|---|---|
| Series E(equity) | $20B | $230B | Jan 2026 | |
| Debt Financing(convertible_note) | $5B | Morgan Stanley | Jul 2025 | |
| Series D(equity) | $5B | Jul 2025 | ||
| Series C(equity) | $6B | $50B | Dec 2024 | |
| Seed(equity) | $135M | Dec 2023 |