Elon Musk’s Startup X.AI Files for $1 Billion Equity Offering… Or Is It A Rescue Plan For X?
In a recent development, artificial intelligence startup X.AI, founded by Elon Musk, has filed with the Securities and Exchange Commission (SEC) to raise up to $1 billion in an equity offering. The company has already garnered significant interest, securing nearly $135 million from four investors, with the first sale occurring on Nov. 29. According to … Continue reading Elon Musk’s Startup X.AI Files for $1 Billion Equity Offering… Or Is It A Rescue Plan For X?
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