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And assuming the xAI stock they traded their X stock for is worth anything.
by j4coh 2y ago
And assuming the xAI stock they traded their X stock for is worth anything.
- wraaath 2y agoAlso - the wording on the deal: xAI being valued at 80B X being valued at 33B Is the xAI 80B number inclusive of the 33B (45B including debt)? That would back into xAI's valuation moving backwards since the December round. Usually when venture-backed companies tout a valuation after a capital raise, it's post-money... and they're not chest-thumping a 113B number (which they surely would have given 9 figures)
- wraaath 2y agoAnd.. looks like there was an update on the valuation from Bloomberg: Aggregate over 100B, but less than 113B due to some mingled ownership. https://archive.is/esoEN https://archive.is/esoEN