xAI Stock $11.97

Forge Price BeaconForge Price 1 updated December 25, 2024

x.ai/aboutEnterprise Software / Data IntelligenceFounded: 2023Funding to Date: $6B

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.

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xAI Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
12/25/2024
Price per Share
$11.97
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

xAI Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
05/26/2024 Series B $6B $xx.xx $24B --
Price per Share
$xx.xx
Shares Outstanding
--
Liquidation Pref Order
--
Liquidation Pref As Multiplier
--
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
--

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Leadership & Board

Leadership

Elon Musk
Founder & Board Member
Dan Hendrycks
Advisor
Elon Musk
Founder

xAI stock FAQs

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Can you buy xAI stock?

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Can you sell xAI stock?

Yes, you may sell the xAI stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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  2. Indicate your interest to sell your xAI on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is xAI a public company?

No, xAI is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is xAI’s stock price?

xAI is a private company, meaning it does’t have a publicly traded stock price. However, as of 12/25/2024 the xAI Forge Price is $11.97 per share. The Forge Price is a derived price calculated for private companies like xAI to provide insights into their current valuation. Learn more about Forge Price.
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What is xAI’s stock ticker symbol?

xAI does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

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xAI News and Media Highlights

Elon Musk’s xAI Raises $6 Billion in New Funding

The artificial intelligence company founded by Elon Musk, xAI, said on Monday that it had raised $6 billion, giving the start-up a major lift as it competes with rivals, including OpenAI. The company said on its website that it would use the money to continue building its infrastructure and accelerate research and development. BlackRock, Fidelity, Sequoia Capital and others participated in the funding round. The fund-raising could value xAI at $35 billion to $40 billion, up from $24 billion earlier this year, The New York Times previously reported.

Elon Musk’s xAI Raises $6 Billion

Elon Musk’s artificial intelligence company, xAI, said on Sunday that it had raised $6 billion, helping to close the funding gap with OpenAI, Anthropic and other rivals in the red-hot industry. This was a series B funding round led by investors such as Vy Capital, Valor Equity Partners, and Tribe Capital.

Elon Musk’s AI Startup—xAI—Files to Raise $1B in Fresh Capital

The AI startup Elon Musk founded to compete with generative AI chatbots like ChatGPT has filed with the SEC for a $1 billion equity offering. xAI had success in 2023 securing investors with four entities providing almost $135 million in funding. xAI acquired a high quantity of GPUs from chip maker Nvidia in April 2023 for the Grok chatbot, and the company is in search of fresh cash flow to continue the development of its Grok chatbot.

Elon Musk's X.ai aims to raise $1 billion

X.ai, Elon Musk's new artificial intelligence company, appears to have raised at least $134.7 million out of a $1 billion target, per a new SEC filing. Why it matters: Musk announced the endeavor earlier this year as a response to OpenAI, which he co-founded in 2015 but whose board he left in 2018. Flashback: Musk hasn't said much about how his AI company would be financed, other than a brief post on Nov. 19 that current shareholders in X (formerly Twitter) would get 25% of X.ai.
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Updated on: Dec 25, 2024

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