{"id":53782,"date":"2025-04-27T03:49:14","date_gmt":"2025-04-27T03:49:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/53782\/"},"modified":"2025-04-27T03:49:14","modified_gmt":"2025-04-27T03:49:14","slug":"musks-xai-holdings-is-reportedly-raising-the-second-largest-private-funding-round-ever","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/53782\/","title":{"rendered":"Musk&#8217;s xAI Holdings is reportedly raising the second-largest private funding round ever"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Elon Musk\u2019s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a <a rel=\"nofollow noopener\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-26\/elon-musk-s-xai-holdings-is-in-discussions-to-raise-20-billion\" target=\"_blank\">new Bloomberg report<\/a> that says talks are in the \u201cearly stages.\u201d If successful, the deal would be the second-largest startup funding round ever, behind only OpenAI\u2019s <a href=\"https:\/\/techcrunch.com\/2025\/03\/31\/openai-raises-40b-at-300b-post-money-valuation\/\" target=\"_blank\" rel=\"noopener\">$40 billion raise<\/a> last month.<\/p>\n<p class=\"wp-block-paragraph\">The funding could help alleviate X\u2019s substantial debt burden, which is costing the company a whopping $200 million monthly in servicing fees, per Bloomberg\u2019s sources, with annual interest expenses exceeding $1.3 billion by the end of last year.<\/p>\n<p class=\"wp-block-paragraph\">A raise of this size would also showcase AI\u2019s continued investor appeal, as well as reflect Musk\u2019s surprising emergence as a political power player inside President Trump\u2019s White House.<\/p>\n<p class=\"wp-block-paragraph\">Musk will likely draw from some of the same backers who\u2019ve consistently funded his ventures, from Tesla to SpaceX, including Antonio Gracias of Valor Equity Partners and Luke Nosek of Gigafund. Gracias has even taken on a role as a <a rel=\"nofollow noopener\" href=\"https:\/\/www.npr.org\/2025\/04\/11\/nx-s1-5352470\/doge-musk-social-security-voting\" target=\"_blank\">lieutenant<\/a> in Musk\u2019s Department of Government Efficiency.<\/p>\n<p class=\"wp-block-paragraph\">xAI didn\u2019t respond immediately to comment.<\/p>\n","protected":false},"excerpt":{"rendered":"Elon Musk\u2019s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI&hellip;\n","protected":false},"author":2,"featured_media":53783,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3163],"tags":[323,1942,295,53,16,15,28673],"class_list":{"0":"post-53782","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-elon-musk","11":"tag-technology","12":"tag-uk","13":"tag-united-kingdom","14":"tag-xai-holdings"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114407890130558255","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/53782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=53782"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/53782\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/53783"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=53782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=53782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=53782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}