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xAI

xAI IPO

$230B
Series E Valuation, Jan 2026
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xAI IPO date and status

2023
Founded
Feb 2026
MA Closed

Company details

xAI is an AI research company which offers AI models to organizations and individuals. xAI’s models are developed to push the boundaries of artificial intelligence, with the aim of integrating AI more naturally into human workflows. The company strives to build AI that enhances productivity and supports various industries. This company was founded by Elon Musk in 2023 and is headquartered in Palo Alto, CA.
Founded
2023
Headquarters
Burlingame, CA, United States
Founder
Elon Musk
Forge Price 1
Price not available
Market Activity 2
High
Last Matched Price
Post-Money Valuation 3
$230B
Total Funding
$37.45B
Last Funding Round
Series E

Learn more about xAI

To invest in xAI pre-IPO

Can you invest in xAI pre-IPO?

You can no longer invest in xAI with Forge. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of xAI before it goes public?

You can no longer sell shares of xAI on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my xAI shares?

Forge can no longer determine the value of xAI shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is xAI a publicly traded company?

xAI became a public company following its M&A on 02/02/2026 and is now a publicly traded company.

To learn more about xAI potential IPO

Will xAI go IPO?

xAI became a public company following its M&A on 02/02/2026.

What is xAI’s IPO price?

The IPO price of xAI is not currently available.

When was xAI founded?

xAI was founded in 2023.

What is xAI funding to date?

xAI has raised $37.45B to date.

xAI major investors

369 Growth Partners
Andra Capital
Andreessen Horowitz
Ark Investment Management
Beyond Alpha Ventures
Bossa Invest
Brilliant Phoenix Capital Management
Camford Capital
Craft Ventures
Duke Capital Partners
Epic Ventures
Factorial Funds
Fidelity International Strategic Ventures
Flat Capital
Future Ventures
Glade Brook Capital Partners
Hermitage Capital
Hof Capital
Ipo Club
Ironarc Ventures
K5 Global
Kingdom Holding Company
Lightspeed Venture Partners
Litquidity Capital
Mana Ventures
Maven Ventures
Metaplanet Holdings
Microventures
Moonshots Capital
Oman Investment Authority
Page One Ventures
Petra Equity Partners
Protagonist
Redefine Ventures
Redstone Vc
Sequoia Capital
Tribe Capital
Valor Equity Partners
Ventioneers
Vy Capital

xAI pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
01/06/2026 Series E $20B $75.46 $230B Baron Capital Group, Cisco Investments, Fidelity, MGX, Nvidia, Qatar Investment Authority, Stepstone Group, Valor Equity Partners
Price per Share
$ xx.xx
Shares Outstanding
265,041,081
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Baron Capital Group, Cisco Investments, Fidelity, MGX, Nvidia, Qatar Investment Authority, Stepstone Group, Valor Equity Partners
06/18/2025 Series D $5.32B $36.56 $136.85B Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
145,474,546
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/23/2024 Series C $6B $21.65 $50B Andreessen Horowitz, Blackrock, Fidelity, Kingdom Holding Company, Lightspeed Venture Partners, MGX, Morgan Stanley, Oman Investment Authority, Qatar Investment Authority, Sequoia Capital, Valor Equity Partners, Vy Capital
Price per Share
$ xx.xx
Shares Outstanding
277,140,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Blackrock, Fidelity, Kingdom Holding Company, Lightspeed Venture Partners, MGX, Morgan Stanley, Oman Investment Authority, Qatar Investment Authority, Sequoia Capital, Valor Equity Partners, Vy Capital
05/26/2024 Series B $6B $11.97 $24B Andreessen Horowitz, Fidelity, Kingdom Holding Company, Prince Alwaleed Bin Talal, Sequoia Capital, Valor Equity Partners, Vy Capital
Price per Share
$ xx.xx
Shares Outstanding
501,253,133
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Fidelity, Kingdom Holding Company, Prince Alwaleed Bin Talal, Sequoia Capital, Valor Equity Partners, Vy Capital
11/29/2023 Series A-1 $67.34MM $1.00 $673.4MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
67,339,656
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
11/29/2023 Series A $67.34MM $1.00 $673.4MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
67,339,656
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors

xAI IPO news and media highlights

Combining SpaceX with xAI may be simple for Musk Inc ...

Reuters reported on ‌Thursday that SpaceX is close to a deal to buy xAI, a move that would pave the way for Musk's plans to launch data centers in space, which ...

Tesla sold $430 million worth of its Megapack batteries to ...

Tesla sold $430 million worth of its giant backup batteries called Megapacks to xAI, Elon Musk's artificial intelligence startup, in 2025, according to a filing ...

Tesla invests $2 billion in Musk's xAI and reiterates Cybercab production starts this year

Jan 28 (Reuters) - Tesla (TSLA.O) , opens new tab said on Wednesday it will invest $2 billion in CEO Elon Musk's artificial-intelligence company xAI - and...

Tesla to Invest $2 Billion in Elon Musk's xAI, Cancel Two EV Models

EV maker will convert part of its Fremont, Calif., factory space to manufacture Optimus robots.
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Enterprise Software
Subsector: Data Intelligence
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
CohesityCohesity$15.67 +$0.01 (0.06%)$ xx.xxSeries H-1$4.69B$15.66$27.5MM
Liftoff MobileLiftoff MobileNot available$ xx.xxNot available------
DeelDeelNot available$ xx.xxSeries E$17.3B$38.92$300MM
GenesysGenesysNot available$ xx.xxNot available------
EnvoyEnvoyNot available$ xx.xxSeries C$1.4B$3.14$111MM
4C4CNot available$ xx.xxNot available------

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
SpaceX SpaceX $447.23 -$2.12 (0.47%)High $xxx.xx
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $105.00 -$0.53 (0.50%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $105.00 -$0.53 (0.50%)High $xxx.xx
Databricks Databricks $197.72 +$0.06 (0.03%)High $xxx.xx
Waymo Waymo Not availableLimited $xxx.xx

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Updated on: Feb 3, 2026

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