Musk's xAI is raising $15 billion in latest funding round

CNBC November 13, 2025
Lora Kolodny, Samantha Subin

Key Points

– Elon Musk’s artificial intelligence company xAI has raised $15 billion from investors, sources familiar with the matter told CNBC’s David Faber.

– Musk later called the news “False” in a post on his social media platform X.

– The funding adds another $5 billion to the $10 billion round CNBC reported on in September, which valued the startup at $200 billion.

Elon Musk‘s artificial intelligence company xAI has raised $15 billion from investors, sources familiar with the matter told CNBC’s David Faber.

Musk later called the news “False” in a post on his social media platform X.

The funding adds another $5 billion to the $10 billion round CNBC reported on in September, which valued the startup...

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