💰 xAI, Elon Musk’s AI startup, has raised $6 billion in a new funding round. Now its valuation exceeds $40 billion, writes Bloomberg. xAI could raise a new round in early 2025 to raise its valuation to $75 billion, FT sources said.👇🏼

In addition, SpaceX, another of Musk’s companies, is aiming for a valuation of $350 billion, which would make it the most valuable startup in the world.

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