Elon Musk’s XAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup and social media business, according to people familiar with the matter.

Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly combined artificial intelligence startup and social media business, Bloomberg News reported on Friday,

Elon Musk's xAI Holdings is in discussions with investors to raise about $20 billion, Bloomberg News reported Friday. The funding would value the company at over $120 billion, according to the report.

Washington Democrats in the Legislature are mulling a tax aimed primarily at Tesla amid national protests against the DOGE-leading billionaire.

Tesla reported a 9% year-over-year drop in revenue for the first quarter of 2025. On November 14, 2024, in Xinjiang, located in northwestern China, a video captured a worker showcasing the process of mixing latex paint.

"Future's looking really bright!!" Elon Musk drops hint about Tesla's 2025 goals: 'One day...' first appeared on The Cool Down.