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
What is xAI worth?
$198.6Bimplied by the PA Mark · Sep 2026

xAI last raised $250.0B in its Merger/Acquisition (Feb 2026).

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

Valuation timeline

5 priced rounds · 1 daily mark since · May 2024 – Sep 2026
▮▮
Series Brounds hold their value until the next priced eventMark, today
log scale
Post-money values unlock with a free account.Unlock the axis

Membership and data by Private Market View

Secondary market

monthly marks · 27 months · Nov 2023 – Jan 2026 · ended
Last
▮
High
▮
Low
▮
▮▮
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

Membership and data by Private Market View

xAI funding history

9 rounds
DateRoundRaisedPost-money
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▮
Jan 2025Later Stage VC$27.7M▮
+ 3 earlier rounds · a free account shows the full history
Unlock post-money valuations

Membership and data by Private Market View

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.

Comparable companies

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

How xAI's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For xAI, we compose those signals into the PA Mark — a weighted composite of 11 recent pricing inputs, decayed by age and reset on new rounds. The implied valuation multiplies the mark by shares outstanding. Full methodology →

Frequently asked about xAI

What is xAI worth?
xAI's implied valuation is $198.6B, based on the PA Mark composite price of about $86 per share as of Sep 2026.
How much has xAI raised?
xAI has raised $47.2B in total funding across 9 recorded rounds.
When did xAI last raise?
xAI last raised in Feb 2026 (Merger/Acquisition), raising $250.0B.