Musk xAI Eyes $15B Funding Round at $230B Valuation

Elon Musk’s AI startup, xAI, is stirring up headlines again. There are reports that it’s in talks to raise $15 billion, pushing its valuation toward a staggering $230 billion. But things aren’t quite as simple as they seem. Musk has publicly denied that the $15B round is happening. Still, even the discussion around that number reveals how serious xAI is about scaling fast. We see this as part of a bigger game plan. Musk is positioning xAI to be a heavyweight in next-gen AI, and he’s ready to back that with major bets on infrastructure and talent.