Elon Musk’s startup xAI is trying to raise a $4.3 billion equity investment, according to a report from Bloomberg. This equity funding would be in addition to the $5 billion that Musk is allegedly trying to raise in debt funding for the combined entity of X and xAI.
The company appears to be raising money again after landing a $6 billion cash infusion in December, because it has already spent much of its money.
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