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

Capitalization table

4 share classes, by liquidation seniority
ClassLiq. prefIssue price
Series A▮▮
Series A-1▮▮
Series B▮▮
Series C▮▮
Preferences, participation and issue prices are Pro.Unlock preferences + participation

Membership and data by Private Market View

Pro
The prices on xAI
  • ·Every dated print: 32 trades with prices and structures
  • ·91 fund marks: filer, period, implied $/share
  • ·The monthly marks chart, 27 months in dollars
  • ·Price per share on 2 rounds
Pro · $99 a month
List $299 · founding price, locked for as long as you stay

Membership and data by Private Market View

Reading xAI's cap table

Share classes are listed senior-first: in a sale or liquidation, higher-seniority preferred stock is paid its liquidation preference before junior classes and common see proceeds. A participating class takes its preference and shares in the remainder; a non-participating class chooses one or the other.

The original issue price is what investors paid per share in that class’s round — read against current secondary prices, it shows which investors are above or below water.

Frequently asked about xAI

How many share classes does xAI have?
xAI has 4 recorded share classes, listed by liquidation seniority — Series A is the most senior.
How many shares has xAI authorized?
Across its 4 recorded classes, xAI has authorized 2,862,019,333 shares.
Where does xAI's cap table come from?
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across xAI's 9 recorded funding rounds.