Elon Musk’s xAI reportedly looks to raise $300M in tender offer

techcrunch.com/2025/06/02/elon-musks-xai-reportedly-looks-to-raise-300m-in-tender-offer

Billionaire Elon Musk’s AI startup, xAI, is reportedly launching a $300 million share sale that values the company at $113 billion.
The secondary stock offering, which comes after xAI acquired Musk’s social media platform, X, for $33 billion, will allow staff to sell shares to new…

This story appeared on techcrunch.com, 2025-06-02 17:50:52.
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