How much of xAI does Elon Musk own?

Elon Musk, a visionary entrepreneur, is the majority shareholder of xAI, a cutting-edge company he established in 2023. His ownership stake in this innovative venture is estimated to be an impressive 60%, reflecting his deep commitment to its success.

The rapid growth and potential of xAI have not gone unnoticed by the investment community. In May 2024, private investors conducted a valuation of the company, acknowledging its remarkable achievements and future prospects.

The assessment resulted in a staggering $24 billion valuation for xAI, a testament to the trust and confidence investors have placed in Musk's leadership and the company's groundbreaking technology.

This valuation underscores the significant impact xAI is poised to make in its respective industry, as well as the potential returns investors anticipate from their involvement.

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