Source: The xAI project aims to raise $15 billion with a valuation of $230 billion

By: theblockbeats.news|2025/11/19 12:45:53

BlockBeats News, November 19, according to The Wall Street Journal, sources revealed that Musk's AI company xAI is in deep negotiations, planning to raise $15 billion at a valuation of $230 billion. This valuation represents a significant leap from the $113 billion valuation disclosed when it merged with Musk's social platform X in March of this year.

Sources said that Musk's private wealth manager, Jared Birchall, disclosed the financing terms to investors on Tuesday evening. It is currently unclear whether this valuation is pre-money or post-money. CNBC reported on xAI's financing plans last week. After this report was published, Musk replied to a user's post on X about the news with "fake," sparking speculation. It is reported that after concluding government affairs in the United States, Musk has shifted his focus to xAI, dedicating himself to making it a key player in the global AI field. (Golden Finance)

-- Price

AI has become critical infrastructure, and governments and corporations are competing to control it. Centralized development and regulation are entrenching existing power structures. The Web3 community is building a decentralized alternative — distributed compute, token incentives, and community governance — before that window closes.

Vitalik wrote a proposal teaching you how to secretly use AI large models

Vitalik believes that in the AI era, users should not have to give up their identity to use an AI tool.

On the eve of the explosion of on-chain options

Options are becoming a new anchor in the cryptocurrency market.

WEEX AI Hackathon: How Did This AI Trading Winner Succeed?

A self-taught AI trading enthusiast achieved top-10 results at the WEEX AI Hackathon. Learn about the mindset, AI tools, and lessons behind this impressive performance.

One Balance to Rule Them All: Gravitas' On-Chain Prime Broker Ambition

Forty years ago, a technological revolution broke the isolation of information, reshaping Wall Street. Forty years later, Grvt aims to break the isolation of capital with an on-chain prime brokerage model.

That person who cashed out at the NFT peak is now selling a new shovel in the OpenClaw craze

A skilled person never picks the table, they eat meat with every bite.

Inter-generational Prisoner's Dilemma Resolution: The Nomadic Capital and Bitcoin's Inevitable Path

When the Baby Boomer generation collectively sells off, who will be the "bag holder" in the next asset crash?

Upstream and downstream are starting to fight, all for the sake of everyone being able to "Lobster"

「Lobster」 may not be a mature product yet, but it has already ushered in a new era of 「AI Assistants」.

Circle and Mastercard Announce Partnership, the Next Stage for the Crypto Industry Belongs to Payments

Stablecoins are transitioning from a speculative tool to real financial scenarios such as payments, cross-border transfers, and store of value.

From 5 Mao per kWh of Chinese electricity to a $45 API export: Tokens are rewriting currency units

When the same unit can both measure hashing power and facilitate payments, it ceases to be just a term and begins to evolve into a new currency of both value and influence.