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Tesla's AI subsidiary Musk XAI raises $6bn, valuing it at $40bn

Market IntelThursday, Dec 5, 2024 10:20 pm ET

1min read

Elon Musk's artificial intelligence company xAI successfully raised $6 billion in its latest funding round, valuing the startup over $40 billion, according to a new filing with the U.S. Securities and Exchange Commission. The equity financing round had 97 investors participating, with a minimum investment of $775,930, according to the filing, which did not disclose the identities of the investors or details about the company's valuation and revenue. Earlier this month, Bloomberg reported that xAI was seeking new funding at a $40 billion valuation, which did not include the latest raised funds.

Comments

makeammends

05/14

$10M for blockchain literacy? That's solid. Education is key. Hope they expand soon.

bobpasaelrato

05/14

Bitget's move: long-term bullish for crypto ecosystem.

scccc-

05/14

Bitget's Starlink Program is a game-changer. Satellite internet can boost crypto adoption in remote areas. 🚀

bottomline77

05/14

$10M initiatives? Solid play for social impact.

Jelopuddinpop

05/14

Crypto adoption vibes. Love seeing tech bridge gaps.

Fluffy-Belt1325

05/14

Bitget's Starlink Program is like rocket fuel for remote areas. 🚀

Loud_Ad_6880

05/14

Satellite internet = game changer for remote areas.

investorVXY

05/14

@Loud_Ad_6880 Sat internet's cool, but pricey.

covid_endgame

05/14

@Loud_Ad_6880 True, sat internet's a big W.

pd14200

05/14

Wow!🚀 BABA stock went full bull as tools from Premium benefits. Cashed out $317 gains!

jvdr999

05/14

@pd14200 How long you held BABA stock? Was it a quick trade or long-term play?

Historyissuper

05/13

Aramco tie-up = serious stamp of approval. No doubt.

Blackhole1123

05/13

LNG project's IRR over 13%? 🤔 Solid investment case.

investortrade

05/14

@Blackhole1123 IRR's nice, but LNG risks?

Qwazarius

05/13

Woodside's ESG creds boost long-term value. Not just greenwash?

James___G

05/14

@Qwazarius Woodside's ESG? Solid. Not greenwash.

NeighborhoodOld7075

05/13

Woodside's move to Stonepeak is smart; it's like hedging your bet while keeping control.

Sweet-Block5118

05/13

OMG!The WDS stock was in an easy trading mode with Pro tools, and I made $260 from it!

CobraStonks

05/06

OMG!I successfully capitalized on the WDS stock's bearish trend, generating $486!

OhShit__ItsDrTran

05/06

@CobraStonks Nice score! What's your strategy for spotting bearish trends in stocks?

goldeneye700

05/05

Debt crisis + trade wars = recipe for disaster.

AdCommercial3174

05/05

Dalio's Holy Grail? More like a treasure map.

Outrageous_Kale_3290

05/05

$TSLA and $AAPL ain't enough. Go ALLW.

FirmMarket4692

05/05

Gotta love the idea of an 80% risk cut with comparable returns. 🤑 But, can this strategy keep up in a hyper-volatile market?

michael_curdt

05/05

@FirmMarket4692 Yeah, ALLW's held up well so far.

rip_rft

05/05

@FirmMarket4692 Sure, but volatility's part of the game.

11thestate

05/05

ALLW ETF crushing it. Time to load up?

Particular-Ad-8433

05/05

I'm all for diversification, but Dalio's 15-asset blitz might be overkill. What's the sweet spot for DIY investors balancing risk and returns?

6roke6oy6

05/05

@Particular-Ad-8433 Maybe not 15, but diversify, no?

Dependent-Teacher595

05/05

Diversify or die trying, folks. 🚀

nathanello

05/05

@Dependent-Teacher595 YOLO investing, amirite? 🤑

stanxv

05/05

The Holy Grail strategy feels like insurance against a perfect storm. With geopolitical chaos, is it better to hedge bets or go all-in on a few picks?

solidpaddy74

05/05

Dalio's playbook looks solid, but can retail investors stomach the complexity? ALLW ETF is a game-changer if they can ride the volatility wave.

SoggyBeluga

05/05

Damn!!I profited significantly from the signal generated by MSTF stock.

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02/11

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WoodKite

02/11

@harry Ok bro

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02/11

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destroyman26

02/11

@Austin Tyler K boss

harry

02/11

Fountainheadusa

02/11

@harry Makes sense

Charming_Raccoon4361

02/11

Resistance levels aren't set in stone, folks.

Codyofthe212th

02/11

Resistance levels like speed bumps. Break through, might zoom. Miss it, might zilch. 🚀

destroyman26

02/11

Resistance levels like speed bumps. Break above or fall below? 🤔

ContentSort1597

02/11

I ride the trend, not just resistance. Got $AAPL at $130, holding strong.

InjuryIll2998

02/11

Breakout strategy paid off big time today.

gameon-manhattan

02/11

Riding the $AAPL wave, ignoring resistance whispers.

fgd12350

02/11

@gameon-manhattan How long you been holding AAPL? Any specific target in mind or just riding the trend?

czarchastic

05/16

Holy!I successfully capitalized on the BABA stock's bearish movement with Premium tools, generating $398!

elpapadoctor

05/13

$SBUX

Historical_Ebb_7777

05/13

@elpapadoctor Holding $SBUX? What's your plan with it, considering the strike drama?

Current_Attention_92

05/13

$SBUX folks buying for the dividend?

tempestlight

05/13

I'm sipping on $AAPL and holding some $SBUX, but if this strike spills into Q3, my coffee break might turn into a panic sell-off.

statisticalwizard

05/13

Starbucks can't handle worker input? Red flag.

Lurking_In_A_Cape

05/13

Dress code strike at $SBUX feels like a latte drama. Is corporate brewing up more issues than buzz?

KookyPossibleTheme

05/13

More strikes coming. Is $SBUX management lost?

BenGrahamButler

05/13

Solid black tops? Sounds like corporate is trying to make a uniform statement, but it's brewing resentment instead of harmony. 🤔

IceVanis

05/13

@BenGrahamButler Chat: Yeah, feels like that, right?

sobfreak

05/13

@BenGrahamButler Rebut: Corp just trying to streamline.

Wonderful_Touch5652

05/13

Dress code strike at $SBUX seems like a latte drama. Long-term, is management brewing trouble or can they pour some happiness back in baristas' cups?

MrJSSmyth

05/13

Solid black tops? Seems like a corporate overreach.

chupak1

05/13

@MrJSSmyth True, feels like a boss move.

AGailJones

05/13

Dress code strike = bad PR, long-term gains?

BeeBaBoop

05/13

Holy!🚀 SBUX stock went full bull as tools from Premium benefits. Cashed out $340 gains!

MarshallGrover

02/25

Jenny Lindqvist taking Cloud role—strong move by $ERIC.

coinfanking

02/25

@MarshallGrover Solid move, Lindqvist's experience will boost ERIC.

CrisCathPod

02/25

@MarshallGrover Not sure, Lindqvist's track record?

KookyPossibleTheme

02/25

Enterprise growth focus = future-proofing, IMO. 📈

Cannannaca

02/25

@KookyPossibleTheme True dat, enter growth = fut prof.

SnowySalesman

02/25

New leadership, new vibes. Let's see if $ERIC can hit that next level with 5G and enterprise combo.

Intelligent-Snow-930

02/25

Enterprise growth is where the $$$ at. Ericsson's structural changes might just juice their stock value. 🤔

haarp1

02/25

@Intelligent-Snow-930 Do you think ERIC will moon?

Haardikkk

02/25

@Intelligent-Snow-930 Yup, structural changes can pump the value.

GarlicBreadDatabase

02/25

Market Area shake-up = efficiency gain? Let's see

SussyAltUser

02/25

@GarlicBreadDatabase Yeah, let's watch.

Traditional_Wave8524

02/25

Per Narvinger taking the network reins. Hope he's got a solid game plan for Ericsson's core biz.

Touma_Kazusa

02/25

@Traditional_Wave8524 Hope he's got a plan, or Ericsson's toast.

urfaselol

02/25

Holding $ERIC for long haul. Enterprise growth & 5G pivot could drive nice gains. Diversifying with heavy tech, like $AAPL and crypto.

MCU_historian

02/25

Jenny Lindqvist moving to Cloud Software and Services. Her leadership skills could be a game-changer for Ericsson.

user74729582

02/25

@MCU_historian Agreed, Lindqvist's leadership could boost ERICsson.

Empty_Somewhere_2135

02/25

Holding $ERIC long-term; betting on 5G dominance.

BeefMasters1

02/25

@Empty_Somewhere_2135 I'm holding ERIC too. Love their pivot to 5G and enterprise. It's a solid long-term play.

Touma_Kazusa

02/25

@Empty_Somewhere_2135 How long you planning to hold ERIC? You think 5G will keep driving it up?

Elichotine

02/25

Per Narvinger to lead Networks? Bullish on $ERIC.

scccc-

04/21

U.S. tariffs = major headache for footwear sector

stydolph

04/21

Commodity boom + EV demand = 🚀 for nickel. But can Indonesia dodge structural pitfalls? Gotta watch those US tariffs too.

Playful-Guitar6127

04/21

@stydolph Think they can avoid US tariffs?

Throwaway420_69____

04/21

Nickel's downstream move is low-key genius. 🤔

Raphaelba

04/21

@Throwaway420_69____ True, nickel's move is smart.

Elichotine

04/21

Commodity boom hides need for diversification, y'all

Neyo_708

04/21

Danantara's investments in infrastructure are a solid play for long-term growth. Anyone else betting on construction stocks?

Dry_Entertainer_6727

04/21

Coal prices dropping by 10%? That's a $2.4bn hit. Gotta love the volatility, but not the haircuts on your export revenue.

FirmMarket4692

04/21

Coal prices might trip up Indonesia's growth.

cfeltus23

04/21

Trade agreements like AANZFTA are like cheat codes for market access. Indonesia's got potential, but execution is key.

Traditional_Wave8524

04/21

Downstream processing is smart, but local content rules might spook foreign investors. Balance is crucial.

skilliard7

04/21

I'm cautious with coal exposure due to price volatility. Diversifying into tech and services could be smarter bets.

Tiger_bomb_241

04/21

Geopolitical tensions could shake things up. Watching US-Indonesian talks for export clues. Anyone else on edge?

StockOpine

04/21

@Tiger_bomb_241 Totally, geopolitics can be wild.

JRshoe1997

04/21

Palm oil's strong run is sweet, but can it stay juicy when headwinds hit? Time to hedge bets?

Defiant-Tomatillo851

04/21

Diversification is key, but coal's rollercoaster makes me nervous. Anyone else riding the commodity wave?

SnowShoe86

04/21

Indonesia's tax-to-GDP ratio needs a boost. More revenue could mean better infrastructure and stronger exports.

Protect_your_2a

04/21

$TSLA's EV push is why I'm keeping an eye on nickel plays. Long-term, it's a game-changer. 🌟

Direct_Name_2996

04/21

@Protect_your_2a How long you holding $TSLA? Any specific nickel stocks you're looking at?

PurposeOk1460

05/16

Damn!!the block option data in NFLX stock saved me much money!

Ok_Statement1056

56 min ago

Damn!!Those $JPEM whale-sized options block were screaming danger! � Closed positions just in time profiting more than $405

05/17

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noobofepicness66

05/17

@ Good.

_SteadyTurtle__

05/16

$AMAT hoping for a bounce back from this drop today and Monday

zarrasvand

05/16

Wow!I profited significantly from the signal generated by AMAT stock.

SqueezeStreet

04/16

Damn!!Those $NVDA whale-sized options block were screaming danger! � Closed positions just in time profiting more than $253

wodentx

04/30

Crypto's a jungle, always watch those phishing emails.

AkibaSok

04/30

Stashing all your eggs in crypto is risky. Diversifying with $AAPL or $TSLA can balance the volatility. Don't put all your chips on Monero.

VegetaIsSuperior

04/30

@AkibaSok How long you holding $AAPL or $TSLA? Curious if you got any predictions for their growth.

SnooDogs2903

04/30

@AkibaSok I hear ya. I went heavy on crypto last year, but now I'm thinking I should've diversified more. FOMO hit me hard when $TSLA rocketed.

James___G

04/30

Elderly trader, massive loss. 🤔 Be cautious, y'all.

MustiXV

04/30

Monero's pump was wild, but risky af.

SimilarTurnover4287

04/30

@MustiXV What do you think about Monero's future?

YungPersian

04/30

Monero's spike was wild, but this just shows how vulnerable we are to social engineering. We need better security, not just hype.

notbutterface

04/30

Stashing $BTC in wallets, not $XMR now.

Anonym0us_amongus

04/30

Social engineering's the new killer app, smh.

Agreeable_Zebra_4080

04/30

Monero's spike was wild, but this guy's loss is a harsh reminder to keep those private keys safe.

DrMoveit

04/30

Damn!!🚀 BTC stock went full bull as tools from Premium benefits. Cashed out $405 gains!

monstergoat77

04/30

@DrMoveit How long were you holding BTC before cashing out? Curious about your strategy.

OG_Time_To_Kill

04/30

Regulators sleeping on this, weirdo.

epk-lys

1 hour ago

15 countries are about to cut a deal so sweet, it's like a global dance-off where everyone wins. The US and India are leading the tariff tango, while the EU and UK are still figuring out their post-Brexit waltz. Let's hope they don't step on each other's toes—or wallets.

cashmoneyv1

1 hour ago

Damn!!I successfully capitalized on the NFLX stock's bearish trend, generating $364!

Imgoatedp2

55 min ago

@cashmoneyv1 Nice score! How long you holding NFLX? Any predictions for the upcoming quarter?

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.