Overview

• xAI is negotiating a funding round that could value the combined xAI-X entity between $170 billion and $200 billion.
• SpaceX committed $2 billion to xAI as part of a $5 billion equity raise, placing the merged company’s valuation at about $113 billion.
• In late June, xAI secured $5 billion in debt financing alongside $5 billion in strategic equity to bolster its data-center build-out.
• Elon Musk said Tesla shareholders will vote on whether to invest in xAI, subject to board and shareholder approval.
• xAI’s Grok chatbot now powers Starlink customer support and is slated for integration into Tesla’s Optimus robots, highlighting growing cross-venture collaboration.