Will's Blog: Sources: xAI is launching a $300M secondary stock offering that values the group at $113B, allowing staff to sell shares to new investors (Financial Times)

2 June 2025

Sources: xAI is launching a $300M secondary stock offering that values the group at $113B, allowing staff to sell shares to new investors (Financial Times)

Financial Times:
Sources: xAI is launching a $300M secondary stock offering that values the group at $113B, allowing staff to sell shares to new investors — Deal to allow investors to buy into group following March takeover of X — Tabby Kinder, George Hammond and Hannah Murphy in San Francisco, and Ivan Levingston in London

Posted from: this blog via Microsoft Power Automate.