Elon Musk’s xAI seeks $113bn valuation in $300mn share sale
Elon Musk’s artificial intelligence venture, xAI, is making headlines with a significant $300 million secondary share sale, positioning the company at a staggering $113 billion valuation. This move underscores Musk’s renewed focus on his business empire, particularly in the competitive AI sector.Financial Times A Strategic Merger: xAI and X In March 2025, Musk orchestrated a…