Musk says he's looking to put 'proper value' on xAI during investor call, sources say

Samantha Subin - CNBC - 21/04
Sources said recent comments from Musk signal that AI startup xAI may be readying for a significant capital raise.
Tesla CEO Elon Musk attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. 
Nathan Howard | Reuters

Elon Musk is looking to put "proper value" on his artificial intelligence startup xAI, sources told CNBC's David Faber.

The comments came during a call with xAI investors last week, sources familiar with the matter told Faber. While the Tesla CEO didn't explicitly address an upcoming funding round, the sources interpreted the comments as a sign that xAI is getting set up for a...
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