In This Article
- Further $20 Billion Raise For xAI Holdings Would Value The Firm At More Than $120 Billion
- Timeline Of xAI: Multiple Billion Dollar Raises Before Buying X In March 2025
- BONUS: Mind Of Pepe (MIND) Closes In On $8.5m In Presale Funding With Full Launch Rumored To Be On The Way
- How To Get Involved With MIND Before It's Too Late
Elon Musk’s xAI Holdings is discussing raising around $20 billion for the AI firm with potential investors. With the AI space undergoing a resurgence, Mind Of Pepe (MIND) looks set to be a blue-chip AI play for 2025.
The most notable releases from xAI are the Grok AI chatbot and a text-to-image model named Aurora. Grok has undergone multiple upgrades and is currently on V3. It has also been integrated into the messenger app Telegram.
From Bloomberg. XAI in discussions to do a $20 billion funding round. pic.twitter.com/6LCpwy2oqM
— Brian Wesbury (@wesbury) April 26, 2025
Further $20 Billion Raise For xAI Holdings Would Value The Firm At More Than $120 Billion
During a recent call with xAI investors, Musk stated he was looking to assign “proper value” to xAI. The Tesla CEO and SpaceX founder did not mention any upcoming funding round.
However, sources close to the matter have suggested that xAI is preparing for a substantial capital raise soon. While no final figure has been stated, the funding amount could be over $20 billion.
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Last month, on March 25, xAI surprisingly acquired X in an all-stock deal valued xAI at $80 billion and the social media platform at $33 billion.
During his announcement of the deal on X, Musk said, “xAI and X’s futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution, and talent. This combination will unlock immense potential by blending xAI’s advanced AI capability and expertise with X’s massive reach.”
The Grok AI chatbot is the most notable product launched by xAI. It has recently been made free to use for all users of the X social media platform. It was previously only available to those paying for a premium ‘blue tick’ membership.
Timeline Of xAI: Multiple Billion Dollar Raises Before Buying X In March 2025
Musk founded xAI in March 2023, stating that “a politically correct AI would be dangerously misleading.” Instead, Musk said that xAI would be “maximally truth-seeking.” He intended for xAI to be better at mathematical reasoning than existing models.
In May 2024, xAI was reported to be seeking $6 billion in funding. Later that same month, Musk secured the support of various venture capital firms for xAI. The list of investors included Andreessen Horowitz, Lightspeed Venture Partners, Sequoia Capital, and Tribe Capital.
That same year, on December 23, xAI raised an additional $6 billion in a funding round supported by big-hitters Fidelity, BlackRock, Sequoia Capital, among others, taking its total funding for 2024 to over $12 billion.
On March 28, 2025, Musk announced that xAI had acquired its sister company, X Corp. X Corp is the developer of the X social media platform, which the SpaceX founder had previously bought in October 2022.
The deal, an all-stock transaction, valued X at $33 billion, with a full valuation of $45 billion when factoring in $12 billion in debt. Meanwhile, xAI itself was valued at $80 billion.
Both companies were subsequently combined into a single entity called X.AI Holdings Corp. X.AI Holdings Corp is rumored to be seeking this latest $20 billion investment.
BONUS: Mind Of Pepe (MIND) Closes In On $8.5m In Presale Funding With Full Launch Rumored To Be On The Way
MIND of Pepe AI agent is coming to X — May 10th 🔥
We’re proud to announce that MIND of Pepe, our autonomous AI agent, goes live on May 10th.
This isn’t a trading bot. MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the… pic.twitter.com/rEuMsWKLu8
— MIND of Pepe (@MINDofPepe) April 23, 2025
After Elon has put the AI sector back on the map with this latest xAI funding news, MIND Of Pepe (MIND) benefits more than most. This super hyped new AI agent has secured $8.4m in early-stage funding, with $10m on the cards before the ICO ends.
The announcement that the MIND of Pepe AI Agent will launch on May 10, twelve days from now, has boosted anticipation for MIND.
Per the team, this AI agent isn’t merely another trading bot but a knowledgeable AI agent that uses persona-trained LLM (large language model) for crypto-native communication to engage and absorb key information across social media.
MIND will use this cutting-edge technology to spot increased momentum for a meme coin. It can also track and analyze wallet behaviour, and most impressively of all, MIND of Pepe will be able to spot emerging narratives before they blow up.
Imagine receiving alpha on the Solana ecosystem blowing up before ‘Solana Summer’ in 2021, which not only saw SOL run 10x, from $26 to $260, but also dozens of 100- 1000x plays within the ecosystem.
The MIND of Pepe team aims for its agent to accrue untold alpha and feed it directly to the MIND holders. The team has stated that presale investors will gain priority access to early insights, first-mover advantage across fast-moving ecosystems, and direct exposure to its AI system, which is optimized for alpha detection.
How To Get Involved With MIND Before It’s Too Late
Dive into $MIND.
Best Wallet is your best way in.
◉ Track the pre-sale in real-time
◉ Buy & claim effortlessly
◉ Get alerts before the massesThe time draws closer. Stay ahead. 👁https://t.co/Ha0J8BwATp pic.twitter.com/vg8PlcHMNL
— MIND of Pepe (@MINDofPepe) April 27, 2025
It is rumored that the MIND presale will end shortly before it launches onto various DEXs and possibly a top-tier CEX.
The only way to secure the above exclusive ‘early-access’ opportunities handed out by the MIND agent is to become a MIND holder.
Head to the MIND of Pepe website, connect your wallet (e.g. Best Wallet), and purchase MIND using ETH, BNB, USDC, USDT, or even a bank card.
You can also buy MIND via the Best Wallet’“Upcoming Tokens” feature. As Best Wallet continues to build its reputation as the go-to platform for discovering new coins with massive growth potential, it’s a great way to invest in blue-chip start-ups at early-bird prices.
With Best Wallet, users can access real-time updates and market insights directly in the app. Plus, by purchasing MIND through Best Wallet, token holders can see their tokens in their wallets before the official claim date.
Download Best Wallet today from Google Play or the Apple App Store.
Join the MIND of Pepe community on X and Telegram to stay updated with the latest news and developments.
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Elon Musk's xAI firm seeking $20 billion in fresh funding round
- Musk previously raised $12bn in 2024 via two separate funding rounds
- In March this year, xAI bought X Corp (formerly Twitter) in an all-stock deal that valued X at $33 billion and xAI at $80 billion
- Mind Of Pepe (MIND) is closing in on $8.5m presale funding as its AI Agent officially goes live on May 10
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