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ITNewspapersThe Economic Times

Elon Musk’s xAI raises $15 billion in series E round: Report

Binu Mathew
By Binu MathewNovember 14, 2025

Billionaire Elon Musk on Thursday said on X the CNBC report of his artificial intelligence startup xAI raising $15 billion in a series E funding round was “false.”

The latest CNBC report said the capital raise added another $5 billion to the $10 billion round that valued xAI at $200 billion.

Musk had also denied the news channel’s previous report, which said the firm was raising $10 billion.

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