Topic: secondary stock offering

  • Elon Musk’s xAI Seeks $300M in New Funding Round

    Elon Musk’s xAI Seeks $300M in New Funding Round

    Elon Musk's xAI is seeking $300 million in funding at a $113 billion valuation, following its $33 billion acquisition of X (formerly Twitter) last year. The share sale allows employees to sell stakes, potentially leading to a larger funding round with new equity for external investors. The fundra...

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