xAI Latest News: Valuation surpasses 100 billion, Grok reiterates no issue coin.

Elon Musk’s artificial intelligence company xAI has launched a $300 million employee stock sale at a valuation of $113 billion, setting a new record for funding in AI startups. Among this, xAI’s core valuation reaches $80 billion, while the social platform X (formerly Twitter) is valued at $33 billion, creating a synergy of resource integration.

At the same time, the namesake Meme coin XAICorp (XAI) surged in price by 107% within 24 hours, with a daily trading volume reaching 940 million dollars. Musk quickly responded: “It is very clear that my companies will not create any cryptocurrency tokens.”

Billion Valuation and Financing Dynamics

xAI’s latest valuation has reached 113 billion dollars, initiating a 300 million dollar financing through equity sales, allowing investors to purchase employee shares. If a larger scale financing is completed subsequently, the valuation may exceed 120 billion dollars.

This valuation scale is only second to OpenAI’s $300 billion, making it the second largest AI company valuation in the world. Its strategic positioning is becoming increasingly clear: sharing computing power resources with the X platform, focusing on the three business lines of xAI, X, and Tesla.

Musk plans to merge xAI with the social platform X and is in talks with investors for about $20 billion in funding, which would be the second-largest funding round for a startup in history.

Grok: A Double Innovation of Humor and Real-Time Information

xAI officially opened the early testing of the chatbot Grok, with Musk claiming that its core design is to “be more humorous in its responses.”

Compared to competitors like ChatGPT, Grok has a unique advantage: deep integration of real-time information streams from platform X. When users inquire about the trial progress of FTX founder SBF, Grok explains in a gossip tone the establishment of his fraud charges and the possible 110-year prison sentence he may face.

After the test is completed, Grok will be available to all X Premium+ subscribers, providing a seamless AI experience for social platform users.

Firm Stance on Not Issuing Tokens and Its Market Impact

In the face of the explosive growth of the similarly named Meme coin, Musk quickly distanced himself on social media. This continues his consistent stance — in August 2024, he publicly stated that the X platform would never launch a cryptocurrency.

Despite speculation in the market about issuing tokens using blockchain, Musk prefers to build ecological value using Web2 methods. This attitude has not affected capital enthusiasm, and the xAI technology layout is still accelerating.

Technical Layout and Strategic Synergy

To support products like Grok, xAI is building a large AI data center that competes with OpenAI. Musk emphasized that xAI is “the strongest in contemporary times in certain important aspects,” implying its differentiated technological advantages.

Its core strategy is to connect data, computing power, and application loops: the X platform provides real-time data and user scenarios, Tesla contributes hardware and vertical domain demands, while xAI focuses on model development.

X Platform Account Name Market Plan

As part of the ecological synergy action, the X platform plans to release 1.5 billion account names occupied by bots and establish a paid trading market. According to reports, the platform will send bidding emails to potential buyers, with a purchase threshold of 50,000 USD. This plan was launched in November 2022, and the clearing of inactive accounts began in May 2025.

Against the backdrop of Elon Musk completing a $650 million financing round for his brain-computer interface company Neuralink, he positions xAI as a core component of the future tech puzzle. As OpenAI sets an industry ceiling with a $300 billion valuation, xAI is carving out a new battleground in the competition among giants with a valuation in the hundreds of billions, integrating real-time data and humorous AI.

And that statement of “no token issuance” serves as a clear boundary, cutting through the fog of technological innovation and crypto speculation.

Author: Blog Team *This content does not constitute any offer, solicitation, or advice. You should always seek independent professional advice before making any investment decision. *Please note that Gate may restrict or prohibit all or part of its services from restricted areas. Please read the user agreement for more information, link: