He also filed a lawsuit against Sam Altman (which has since been withdrawn), his co-founder and the current CEO of OpenAI, claiming Altman breached their contract by abandoning their not-for-profit mission. The mission for xAI is “to understand the true nature of the universe” and to be maximally truth-seeking to help filter out and prevent the spread of misinformation. If you’re still interested, you can learn more about becoming an accredited investor here.
How to Start Copy Trading with UEEx: A Step-by-Step Guide
XAI is a private company and is not listed on the stock market, meaning its shares are not publicly traded. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
When Will xAI Stock Be Available?
Investing in private companies may be considered highly speculative and involves a high degree of risk, including the risk of substantial loss of investment. See our Risk Factors for a more detailed explanation of victory amplification vx the kraken 50w amp head for sale online the risks involved by investing through EquityZen’s platform. Since 2013, the EquityZen marketplace has made it easy to buy and sell shares in private companies. EquityZen brings together investors and shareholders, providing liquidity to early shareholders and private market access to accredited investors. With low investment minimums through our funds and with more than 42K private placements completed across 450+ companies, EquityZen leads the way in delivering “Private Markets for the Public.” However, it’s important to know that large private companies do not often seek investment from individual accredited investors.
xAI, Elon Musk’s Artificial Intelligence (AI) Company, Has Spectacular News for Nvidia Stock Investors
XAI just raised $6 billion at a $24 billion valuation from a handful of venture capital and private equity firms. There are two ways to exit your private company investment on EquityZen’s marketplace. The first is if the company has an exit event like an IPO, merger or acquisition.
- As of now, investing directly in xAI via public markets is not an option.
- Earlier this year, the company open sourced the Grok model but without any training code.
- A few large private investment funds offer opportunities for indirect investment in companies like xAI.
- Elon Musk has a new startup focused exclusively on artificial intelligence.
- As it stands today, xAI, Elon Musk’s ambitious new AI venture, is limited to accredited investors, who meet certain financial requirements.
While xAI’s journey is just beginning, the high-profile team and the promising vision suggest potential for substantial impact and success. However, like any disruptive technology, xAI will need to address regulatory and ethical concerns surrounding AI technologies and their potential misuse. Founded in April, xAI is Musk’s attempt at jumping on the AI hype train. The company’s purpose is to “understand the true nature of the universe,” according to its website, something the launch of its Grok AI chatbot is apparently supposed to further. Get a daily email with the top market-moving news in bullet point format, for free.
Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Plus, as evidenced by the $6 billion he raised in May, he has no issue raising funds in the private markets. You should not expect xAI to become publicly traded in the near future. While none of these companies are working on the exact same problems as xAI, they either benefit from or are themselves investing heavily in artificial intelligence. This is a fairly small position, but the Venture Fund also has stakes in a number of other private companies that may be of interest.
SpaceX, Epic Games, Anthropic, Figure AI, and OpenAI are all part of the fund’s top 10 holdings. While there’s no way for you to buy shares of xAI directly, you can get exposure to the company via the ARK Venture Fund. As of October 2024, x.AI makes up 1.52% of the fund and is its 20th largest holding. This blog post will guide you on how you can potentially invest in xAI, the company’s potential for growth, and its promising future. However, judging by Elon Musk’s other business ventures that have still not gone public, an xAI IPO is unlikely as of now. Once you decide on an investing service, you need to register and verify your account.
In that case, we will distribute the how to buy woo shares and/or cash to you directly. An Express Deal allows you to sell your allocation of private shares in a given private company to another investor on EquityZen’s marketplace. More information on Express Deals can be found here and exit information can be found here. Accredited investors can purchase X.ai pre-IPO stock via platforms like EquityZen. This stock, offered by existing company shareholders, is traded based on market availability and adherence to both company by-laws and securities regulations.
Elon has also said that xAI will work closely will “work closely with X (Twitter), Tesla, and other companies” to make progress towards their vision. He is known to have brought 50 Tesla engineers to Twitter after his takeover to improve the software. And you can enance white label crypto exchange software be sure that xAI will get plenty of help from Musk’s other companies.