- Home
- Articles
- Stock Market
- 2025
- November
Latest Stock Market News
Musk disputes claims of new xAI fundraising as AI startup valuations surge globally
Elon Musk pushed back Wednesday against reports that his artificial intelligence company xAI had raised $15 billion in new capital, calling the claim false shortly after sources familiar with the matter indicated the funding round had closed. The initial reports suggested that investors had added $5 billion to an earlier $10 billion round disclosed in September, which placed the company’s valuation at roughly $200 billion. According to individuals close to the fundraising efforts, much of t
Musk disputes claims of new xAI fundraising as AI startup valuations surge globally
Elon Musk pushed back Wednesday against reports that his artificial intelligence company xAI had raised $15 billion in new capital, calling the claim false shortly after sources familiar with the matter indicated the funding round had closed. The initial reports suggested that investors had added $5 billion to an earlier $10 billion round disclosed in September, which placed the company’s valuation at roughly $200 billion. According to individuals close to the fundraising efforts, much of t






