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xAI

Business/Productivity Software · Palo Alto, CA · Founded 2023 · Acquired/Merged (Operating Subsidiary)

Developer of an artificial intelligence platform designed to assist users in exploring information and understanding complex topics. xAI is based in Palo Alto, CA and was founded in 2023. It is valued at about $199 billion as of Sep 2026, per PrivateMarketView's composite mark. It has raised $47.2 billion across 9 recorded rounds; the latest was a $250 billion merger or acquisition in Feb 2026.

PA Mark · $/share
$86
Sep 2026
Implied valuation
$198.6B
Total raised
$47.2B
Last round
Merger/Acquisition
Feb 2026

xAI key facts

as of Sep 2026
  • Developer of an artificial intelligence platform designed to assist users in exploring information and understanding complex topics.
  • xAI is valued at approximately $198.6B (~$86/share) as of Sep 2026, per PrivateMarketView’s composite mark.
  • It has raised $47.2B across 9 recorded rounds; the latest was Merger/Acquisition ($250.0B) in Feb 2026.
  • Notable investors include Andreessen Horowitz, Valor Equity Partners, Team Ignite Ventures, Korea Investment Partners, Coatue Management — 89 tracked in total.
  • 8 institutional filers report fund marks on xAI across 91 filings.
  • PrivateMarketView tracks 32 recorded secondary trades in xAI shares.
  • Status: Acquired/Merged (Operating Subsidiary).
PA Mark — composite indicative price
MEDIUM confidence
~$86per share
implies $198.6B valuation · as of Sep 2026 · the exact daily mark is a Pro feature
Composed from 11 inputs:3rd-party trades 52%Market data 24%N-PORT marks 24%
See the platform prints behind this mark →

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  • ·Post-money valuations for 5 rounds
  • ·The complete investor list: 89 names
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Secondary market

monthly marks · 27 months · Nov 2023 – Jan 2026 · ended
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Nov 2023marks: indicative $/share, month-end · series ended Jan 2026Jan 2026
Monthly marks are a Pro feature — the shape is real, the numbers are waiting.Unlock 27 monthly marks

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xAI secondary trades

32 on record · May 2024 – Jun 2026

32 trades between May 2024 and Jun 2026. Exact dates, prices and structures are available to Pro members.

May 2024peak 6 prints / monthJun 2026
Individual prints are Pro.Unlock 32 trade prints

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Institutional fund marks on xAI

8 filers · latest Jan 2026

8 SEC-registered funds reported 91 fair-value marks on xAI between Apr 2025 and Jan 2026. Filer-level marks and implied $/share are available to Pro members.

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xAI funding rounds

9 rounds
Feb 2026Merger/Acquisition$250.0B▮
Jan 2026Series E$20.0B▮
Dec 2025Secondary Transaction - Private$4.2M▮
Jun 2025General Corporate Purpose$5.0B▮
Jun 2025Later Stage VC$10.0B▮
Full funding history →

xAI leadership

xAI valuation

xAI is valued at approximately $199 billion as of Sep 2026, PrivateMarketView's composite of 11 recent pricing inputs.

xAI ranks 4th by valuation and 3rd by capital raised among the private companies PrivateMarketView tracks.

How much has xAI raised?

xAI has raised $47.2 billion across 9 recorded rounds since 2024. The largest was a $6 billion Series C in Dec 2024; the most recent was a $250 billion merger or acquisition in Feb 2026. 5 of the rounds disclosed a post-money valuation.

xAI secondary market activity

32 secondary trades in xAI shares are on record, between May 2024 and Jun 2026. The busiest recent months were Apr 2026 (6 prints) and Jun 2026 (4 prints). Exact dates, prices and structures are available to Pro members.

A monthly secondary-market price series for xAI runs from Nov 2023 to Jan 2026 (27 months); the most recent quote is from Jan 2026.

Institutional holders and vehicles

8 SEC-registered funds reported 91 fair-value marks on xAI between Apr 2025 and Jan 2026, in their N-PORT filings. Filer-level marks and implied per-share values are available to Pro members.

xAI investors

89 investors are on record for xAI, led by Andreessen Horowitz and Valor Equity Partners. By type, the record holds 42 venture capital firms, 10 family offices and 5 asset managers. 2 of them led at least one round. The merger or acquisition in Feb 2026 drew 1 investor.

Who runs xAI

9 people are listed on the xAI team: 9 executives, including Elon Musk (Co-Founder) and Greg Yang (Co-Founder). 9 of them have a verified direct contact on file.

Comparable companies

Comparable business/productivity software names by valuation on PrivateMarketView: Anthropic ($965 billion), Databricks ($202 billion) and Genesys ($30 billion).

About xAI

Developer of an artificial intelligence platform designed to assist users in exploring information and understanding complex topics. The company's platform offers an AI model with native tool use and real-time search integration, supporting various languages and accessible via applications and an application programming interface for integration into third-party applications, enabling individuals, developers, and enterprises to access intelligent interactions and improve productivity across digital experiences.

Industry
Business/Productivity Software
Sector
Information Technology
HQ
Palo Alto, CA, United States
Founded
2023
Employees
4,900
Website
x.ai/
Ownership
Acquired/Merged (Operating Subsidiary)

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