Elon Musk, xAI

Elon Musk’s xAI Just Doubled Its Valuation to $50B—Here Are 4 Biggest Winners?
Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.
Fidelity just boosted the value of its stake in Elon Musk's xAI by 70%
Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI in October.
Elon Musk Says He’ll Make An xAI Game Studio To ‘Make Games Great Again’
Elon Musk has recently inserted himself into gaming culture wars bemoaning what he and others believe are "woke" portions of the market.
Fidelity boosts valuations of its stakes in Elon Musk’s X and xAI startup, report says
October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for $44 billion in 2022, Axios said.
This chart shows how crazy fast the value of Elon Musk's xAI has risen in 16 months
Elon Musk founded xAI in July 2023 with a 12-person staff. In just under a year and a half, the company has been valued at a reported $50 billion.
X Is Worth 72% Less Than the $44 Billion Elon Musk Paid for It, Despite 32% Rebound in Share Valuation
X is worth 72% less than the $44 billion owner Elon Musk paid for the app formerly known as Twitter, despite that Fidelity had recently marked up the value of its shares by 32.37%, according to a valuation from Fidelity.
Critics said Musk 'overpaid' for Twitter. Thanks to Trump and xAI, it could actually be a steal.
Some panned the billionaire for overspending on Twitter, but the platform is winning him favor with Donald Trump and ...
Elon Musk’s budget-cutter-in-chief role for Trump is a ‘dangerous combination’ that risks creating conflicts of interest with his AI empire
Elon Musk's future role advising President Trump on budget cuts through the new DOGE agency is raising alarm bells.
Elon Musk could still pocket tens of billions more dollars. But he might have to wait a bit
Elon Musk isn’t getting the $101 billion windfall he so desperately wanted. But he’s still among the richest people on the ...
Observer12h
Trump Considers Naming an ‘A.I. Czar’—With Elon Musk and China at Center
The urgency of naming an A.I. czar is underscored by escalating competition with China, which has outlined ambitious plans to ...
Musk investors who got hosed on Twitter takeover set to reap windfall as xAI value surges: report
Musk has given 25% of the shares in his startup xAI to investors who helped fund his $44 billion acquisition of the social ...
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Elon Musk's xAI Reportedly Pushing to Release a Consumer App Soon
xAI is looking to compete in an increasingly crowded AI space dominated by companies including OpenAI and Anthropic alongside ...
xAI is reportedly launching a ChatGPT-like app for consumers, deepening Elon Musk's rivalry with Sam Altman
Elon Musk's xAI could reportedly launch an app to challenge OpenAI's ChatGPT as soon as December, deepening his rivalry with ...
Elon Musk seeks injunction to block OpenAI’s plans to become for-profit ‘Frankenstein’: filing
Elon Musk has asked a federal judge to block Sam Altman’s OpenAI from completing plans to become a for-profit entity – ...