xAI Holdings is Negotiating a Capital Increase of $20 Billion

Elon Musk's xAI Holdings is reportedly in talks with investors to raise around $20 billion for its newly combined company of AI and social networking, according to people familiar with the matter. Bloomberg reported this on April 26, 2025. Second-largest startup funding round of all time planned If this deal goes through, it would be the second-largest funding round for a startup of all time, according to data provider PitchBook. Only the $40 billion round from OpenAI at the beginning of 2025 would surpass this amount. xAI would thus...