> xAI had an oversubcribed fund raise in January My understanding is that it was... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

cowsandmilk 4 months ago | parent | context | favorite | on: xAI joins SpaceX

> xAI had an oversubcribed fund raise in January

My understanding is that it was not oversubscribed and would not have closed without Tesla’s investment.

spikels 4 months ago [–]

It was originally for $15B. They raised $20B of which $2B was from Tesla.

Your sources might be shady (Elektrek?).

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact