Musk’s xAI seeks up to $200 billion valuation in next fundraising, FT reports

By Thomson Reuters Jul 11, 2025 | 3:10 PM

(Reuters) -Elon Musk’s xAI is preparing to raise more money from investors in a deal that could value the artificial-intelligence company as high as $200 billion, the Financial Times reported on Friday, citing people close to the talks.

(Reporting by Juby Babu in Mexico City; Editing by Pooja Desai)