Elon Musk’s private company (PRIVATE) xAI raised $10B from investors that puts the company’s post-money valuation at $200B, sources told CNBC’s David Faber.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Morning News Wrap-Up: Friday’s Biggest Stock Market Stories!
- Tesla Stock (NASDAQ:TSLA) Notches Up as Optimus Program Loses Another Leader
- Why Big-Tech’s Bubble Has More Room to Run, According to BofA
- Buy/Sell: Wall Street’s top 10 stock calls this week
- FedEx reports Q1 beat, Apple launches new iPhone: Morning Buzz