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Elon Musk's xAI likely to head towards another round of fundraising, seeks $200 billion in valuation: Reports

by Mint on MSN.com
Jul 12, 2025
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Elon Musk's xAI likely to head towards another round of fundraising, seeks $200 billion in valuation: Reports

AI raised $10 billion through loans and cash investments in July, split evenly between debt and equity. In June it sold $300 million worth of shares in a secondary stock offering.

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