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xAI Valuation & Funding

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xAI is Elon Musk's AI lab behind the Grok model family — last valued at $230B in its January 2026 Series E before being folded into SpaceX in February 2026.

$230B
Valuation
$45B
Total raised
$20B
Latest round
16
Stories

Last updated: Aug 12, 2026 · Profile verified Aug 12, 2026

Company Profile

xAI is Elon Musk's AI lab behind the Grok model family — last valued at $230B in its January 2026 Series E before being folded into SpaceX in February 2026.

Founded 2023Palo Alto, California, USA$45B raised$230B valuation
Investors
Valor Equity PartnersStepStone GroupFidelityQatar Investment AuthorityMGXNvidiaCisco
See every investor we track →Everything connected to xAI →
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Related dashboards
xAI Valuation →Frontier AI Dashboard →Big Tech AI Spending →AI Buildout Tracker →

Funding & Valuation History

from our coverage
DateEventAmountValuationSource
Feb 15, 2026Folded into SpaceX———
Jan 8, 2026Series E — Valor, StepStone, Fidelity, QIA, MGX, Nvidia, Cisco$20B$230B—
Jul 1, 2025Debt + equity raise ($5B each)$10B——

xAI FAQ

What is xAI's valuation in 2026?
xAI was last valued at $230B in its most recent funding round.
How much has xAI raised?
xAI has raised approximately $45B in total funding to date.
Is xAI publicly traded?
No. xAI is privately held, last valued at $230B.
Who are xAI's investors?
xAI's investors include Valor Equity Partners, StepStone Group, Fidelity, Qatar Investment Authority, MGX, Nvidia, Cisco.

Coverage Timeline

newest first
  1. Aug 12, 2026AIGrok 4.6 Ties GPT-5.6 Sol at Half the Price→
  2. Jul 31, 2026BIG TECHSpaceX Won't Remove All of xAI's Turbines Until 2027→
  3. Jul 29, 2026REGULATIONxAI Sues Minnesota Over New Deepfake Law→
  4. Jul 25, 2026AIGrok Comes To Google Workspace And Microsoft 365→
  5. Jul 21, 2026IPOSuper Micro Surges 15% on New AI Server Orders Tied to SpaceX+15% on $60B orders→
  6. Jul 16, 2026REGULATIONxAI Sues Users Over Grok-Generated CSAM→
  7. Jul 14, 2026AIEnterprise AI Buyers Are Drowning in Model Releases4 major releases, ~2 weeks→
  8. Jul 13, 2026AIThe Model Release Pileup: What Buyers Should Actually Do5 labs, 3 weeks→
  9. Jul 8, 2026AIxAI's Grok 4.5 Launches at Half the Price of Rivals→
  10. Jul 8, 2026AISpaceXAI's Grok 4.5 Launches at Half the Price of Rivals$2/$6 per 1M tokens→
  11. Jul 1, 2026AISpaceX Has an AI Device Prototype, Report Says — Then Musk Publicly Denies ItDenied by Musk→
  12. Jun 27, 2026AISoftBank's CEO Isn't Alone in Doubting Elon Musk's Orbital Data Center HypeOrbital compute debate→
  13. Jun 21, 2026AIxAI's Grok 4.3 Goes Generally Available on Amazon Bedrock -- the Cheapest US Frontier Model There→
  14. Jun 18, 2026AI'xAI Is a Failure': A Leading AI Researcher Calls Out Musk's Lab3 leaders→
  15. Jun 16, 2026AIGrok 5 Slips to Q3 -- xAI's 6-Trillion-Parameter Flagship Still in Training→
  16. Jun 10, 2026AIJune 2026 Becomes the Biggest AI Model Launch Month Ever→

All Coverage

AI· Aug 12, 2026

Grok 4.6 Ties GPT-5.6 Sol at Half the Price

Illustration for: Grok 4.6 Ties GPT-5.6 Sol at Half the Price
AI

Grok 4.6 Ties GPT-5.6 Sol at Half the Price

SpaceXAI's Grok 4.6 scored 61 on the Artificial Analysis Intelligence Index, tying GPT-5.6 Sol Max and surpassing Kimi K3, while pricing at $2/$6 per million tokens -- roughly half the going rate for comparable models.

Aug 12, 2026DEEP DIVE
BIG TECH· Jul 31, 2026

SpaceX Won't Remove All of xAI's Turbines Until 2027

Illustration for: SpaceX Won't Remove All of xAI's Turbines Until 2027
BIG TECH

SpaceX Won't Remove All of xAI's Turbines Until 2027

SpaceX confirmed it will keep running dozens of unpermitted gas turbines powering xAI's Memphis data centers for another year, even as it builds a permanent 1.2-gigawatt gas plant to replace them.

Jul 31, 2026
REGULATION· Jul 29, 2026

xAI Sues Minnesota Over New Deepfake Law

Illustration for: xAI Sues Minnesota Over New Deepfake Law
REGULATION

xAI Sues Minnesota Over New Deepfake Law

Elon Musk's xAI filed a federal lawsuit against Minnesota's attorney general challenging a new state law banning tools that create non-consensual sexualized deepfakes, arguing the statute is an overbroad restriction on speech.

Jul 29, 2026
AI· Jul 25, 2026

Grok Comes To Google Workspace And Microsoft 365

Illustration for: Grok Comes To Google Workspace And Microsoft 365
AI

Grok Comes To Google Workspace And Microsoft 365

xAI launched a free Grok add-on for Google Workspace and Microsoft 365 that can analyze spreadsheets, build slides and draft documents, as Elon Musk teased Grok 4.6 and 4.7 arriving within weeks.

Jul 25, 2026
IPO· Jul 21, 2026

Super Micro Surges 15% on New AI Server Orders Tied to SpaceX

Illustration for: Super Micro Surges 15% on New AI Server Orders Tied to SpaceX
IPO+15% on $60B orders

Super Micro Surges 15% on New AI Server Orders Tied to SpaceX

Super Micro shares jumped 15% after disclosing new AI server orders topped $60 billion and gross margins would nearly double, with CEO Charles Liang citing a new gigawatt data center build with SpaceX and xAI.

Jul 21, 2026
REGULATION· Jul 16, 2026

xAI Sues Users Over Grok-Generated CSAM

Illustration for: xAI Sues Users Over Grok-Generated CSAM
REGULATION

xAI Sues Users Over Grok-Generated CSAM

Elon Musk's xAI filed a federal lawsuit against a user accused of misusing Grok's image generator to create child sexual abuse material, one of the first times an AI company has sued its own users rather than only banning accounts.

Jul 16, 2026
AI· Jul 14, 2026

Enterprise AI Buyers Are Drowning in Model Releases

Illustration for: Enterprise AI Buyers Are Drowning in Model Releases
AI4 major releases, ~2 weeks

Enterprise AI Buyers Are Drowning in Model Releases

GPT-5.6, Grok 4.5, Claude Fable 5's extended access and a Gemini 3.5 Pro launch expected July 17 have landed within roughly two weeks of each other -- a release pace that's becoming a durable procurement challenge in its own right.

Jul 14, 2026
AI· Jul 13, 2026

The Model Release Pileup: What Buyers Should Actually Do

Illustration for: The Model Release Pileup: What Buyers Should Actually Do
AI5 labs, 3 weeks

The Model Release Pileup: What Buyers Should Actually Do

GPT-5.6, Grok 4.5 and a rebuilt Gemini 3.5 Pro have all landed or are landing within weeks of each other -- a release pileup that rewards buyers who wait for real benchmarks over those chasing the newest name.

Jul 13, 2026
AI· Jul 8, 2026

xAI's Grok 4.5 Launches at Half the Price of Rivals

Illustration for: xAI's Grok 4.5 Launches at Half the Price of Rivals
AI

xAI's Grok 4.5 Launches at Half the Price of Rivals

SpaceXAI's Grok 4.5 launched at $2/$6 per million tokens -- roughly half what comparable frontier models charge -- with Elon Musk calling it "comparable to Opus 4.7, but much faster."

Jul 8, 2026
AI· Jul 8, 2026

SpaceXAI's Grok 4.5 Launches at Half the Price of Rivals

Illustration for: SpaceXAI's Grok 4.5 Launches at Half the Price of Rivals
AI$2/$6 per 1M tokens

SpaceXAI's Grok 4.5 Launches at Half the Price of Rivals

SpaceXAI launched Grok 4.5 priced at $2 per million input tokens and $6 per million output tokens, undercutting Anthropic and OpenAI's premium tiers by more than half while claiming comparable coding performance.

Jul 8, 2026
AI· Jul 1, 2026

SpaceX Has an AI Device Prototype, Report Says — Then Musk Publicly Denies It

Illustration for: SpaceX Has an AI Device Prototype, Report Says — Then Musk Publicly Denies It
AIDenied by Musk

SpaceX Has an AI Device Prototype, Report Says — Then Musk Publicly Denies It

TechCrunch reported July 1 that SpaceX has been developing an AI-focused hardware device that 'sure sounds phone-ish,' citing internal sourcing on a project exploring a Starlink-connected, xAI-powered consumer device. Elon Musk publicly denied the specific report within hours, per The Verge, even as SpaceX's fresh public-market currency (following its roughly $2.1 trillion day-one IPO valuation) and its $60 billion all-stock acquisition of Cursor make a hardware-plus-AI push entirely plausible.

Jul 1, 2026
AI· Jun 27, 2026

SoftBank's CEO Isn't Alone in Doubting Elon Musk's Orbital Data Center Hype

Illustration for: SoftBank's CEO Isn't Alone in Doubting Elon Musk's Orbital Data Center Hype
AIOrbital compute debate

SoftBank's CEO Isn't Alone in Doubting Elon Musk's Orbital Data Center Hype

As Elon Musk pitches data centers in orbit to power the next wave of AI compute, skepticism is mounting -- and SoftBank's Masayoshi Son, himself one of AI's biggest spenders, is among the doubters. Critics question the physics, economics and cooling realities of running AI clusters in space, casting the idea as visionary marketing more than near-term infrastructure.

Jun 27, 2026
AI· Jun 21, 2026

xAI's Grok 4.3 Goes Generally Available on Amazon Bedrock -- the Cheapest US Frontier Model There

Illustration for: xAI's Grok 4.3 Goes Generally Available on Amazon Bedrock -- the Cheapest US Frontier Model There
AI

xAI's Grok 4.3 Goes Generally Available on Amazon Bedrock -- the Cheapest US Frontier Model There

Amazon made xAI's Grok 4.3 generally available on Bedrock, making xAI the third major independent lab on the platform alongside Anthropic and OpenAI. Priced at $1.25/$2.50 per million input/output tokens with a 1-million-token context window, Grok 4.3 lands as the cheapest US-lab frontier reasoning model on Bedrock.

Jun 21, 2026
AI· Jun 18, 2026

'xAI Is a Failure': A Leading AI Researcher Calls Out Musk's Lab

Illustration for: 'xAI Is a Failure': A Leading AI Researcher Calls Out Musk's Lab
AI3 leaders

'xAI Is a Failure': A Leading AI Researcher Calls Out Musk's Lab

One of the field's most influential researchers publicly argued that xAI has failed to become the frontier challenger Elon Musk promised three years ago, as OpenAI, Anthropic, and Google pull further ahead on both models and revenue. The critique lands as Musk's attention -- and SpaceX's newly public balance sheet -- sits elsewhere.

Jun 18, 2026
AI· Jun 16, 2026

Grok 5 Slips to Q3 -- xAI's 6-Trillion-Parameter Flagship Still in Training

Illustration for: Grok 5 Slips to Q3 -- xAI's 6-Trillion-Parameter Flagship Still in Training
AI

Grok 5 Slips to Q3 -- xAI's 6-Trillion-Parameter Flagship Still in Training

xAI's Grok 5, the rumored ~6-trillion-parameter flagship, has missed both its Q1 and Q2 2026 windows and remains in training, with full API access now looking like a Q3 story. Prediction markets price a public release before June 30 at roughly 7%, even as xAI ships smaller updates like Grok Voice and Grok Imagine Video.

Jun 16, 2026
AI· Jun 10, 2026

June 2026 Becomes the Biggest AI Model Launch Month Ever

Illustration for: June 2026 Becomes the Biggest AI Model Launch Month Ever
AI

June 2026 Becomes the Biggest AI Model Launch Month Ever

Gemini 3.5 Pro, Claude Fable 5/Mythos 5, rumored Sonnet 4.8, and Grok 5 -- four frontier launches in a single month signals the arms race has entered a new phase where competitive moats are measured in weeks, not quarters.

Jun 10, 2026
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