xAI Stock $11.97

Forge Price BeaconForge Price 1 updated November 24, 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.

Register To Buy and Sell Private Company Shares

For more details on private stock price information, financing and valuation for xAI, register or login.
Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

xAI Stock Price

3M
6M
1Y
MAX
Forge Price 1
Date
11/24/2024
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
--

xAI Investors Also Invested in These Private Companies

Redstone Vc
Epic Ventures
Glade Brook Capital Partners
Oman Investment Authority
Fidelity International Strategic Ventures
Lightspeed Venture Partners
Brilliant Phoenix Capital Management
369 Growth Partners
Andra Capital
Protagonist
Beyond Alpha Ventures
Ipo Club
Flat Capital
Litquidity Capital
Petra Equity Partners
Ironarc Ventures
Duke Capital Partners
Kingdom Holding Company
Ark Investment Management
Hermitage Capital

Leadership & Board

Leadership

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

xAI stock FAQs

plusminus

Can you buy xAI stock?

As xAI is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like xAI, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
plusminus

How to buy xAI stock?

To invest in a private company like xAI through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
plusminus

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.
plusminus

How to sell xAI stock?

If you hold private company shares of xAI – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  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.
plusminus

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.
plusminus

What is xAI’s stock price?

xAI is a private company, meaning it does’t have a publicly traded stock price. However, as of 11/24/2024 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.
plusminus

What is xAI’s stock ticker symbol?

xAI does not have an official ticker symbol because this company is not currently publicly traded.
plusminus

Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

xAI’s News and Media Highlights

Elon Musk’s artificial-intelligence startup, xAI, has told investors it raised $5 billion in a funding round valuing it at $50 billion—more than twice what it was valued at several months ago. Qatar’s sovereign-wealth fund, Qatar Investment Authority, and investment firms Valor Equity Partners, Sequoia Capital and Andreessen Horowitz are expected to participate in the round, according to people familiar with the matter. The financing brings the total amount xAI has raised to $11 billion this year.
xAI has made significant strides over the past year. From the announcement of the company in July 2023, to the release of Grok-1 on X in November, to the recent announcements of the improved Grok-1.5 model with long context capability, to Grok-1.5V with image understanding, xAI’s model capabilities have improved rapidly. With the open-source release of Grok-1, xAI has opened doors for advancements in various applications, optimizations, and extensions of the model.
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.
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.
Updated on: Nov 24, 2024

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge.  Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

2. The Last Closed Trade price displayed reflects the price at which the last trade in this company's security occurred on Forge, and can include secondary trades in any class of the company's security, or trades in units of funds holding the company's securities (the economics of which differ versus direct company ownership). The date displayed reflects the date on which the last trade in this company's security closed on Forge. This may be several weeks after the terms of the trade were agreed upon between the buyer and seller. In case of multiple trades closed on the same date, the price displayed is of either (i) the trade which terms were agreed upon most recently; or (ii) the trade with the higher notional value.

‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.

Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.