Jared Birchall, who heads Musk's family office, was telling prospective investors that xAI was raising $3 billion at a $15 billion pre-money valuation. Sequoia Capital and Future Ventures, the venture fund co-founded by Musk’s longtime friend Steve Jurvetson,

In one camp is a tech billionaire with more than 181 million followers on his own social network. In the other, political leaders representing a country of just 26 million people.

According to new, anonymously-sourced reports from The Information and TechCrunch, Musk's AI company xAI is currently raising $6 billion on a $18 billion pre-money valuation, and the deal is expected to close in a matter of weeks.

Elon Musk king of the universe through xAI taking in $6B of investment and it determined to create a valuation of $18B as pre-money according to TechCrunch and the information sources. The funding round,

Artificial intelligence (AI) startup xAI, owned by billionaire Elon Musk is close to reaching $6b in investor support. Musk has been outspoken about his aims to win the war to be crowned the American leader in the AI industry.

Musk launched xAI in 2023 with lofty ideals and plans to work on existential problems like understanding the nature of the universe. In his efforts to raise up to $6 billion for his fledgling company,