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Elon Musk, xAI and Fidelity
Fidelity just boosted the value of its stake in Elon Musk's xAI by 70%
Financial giant Fidelity bumped up the valuation of two Elon Musk-owned companies, social media platform X and AI startup xAI in October.
Fidelity Ups Valuation of Elon Musk’s X and xAI Stakes
Fidelity has raised the estimated value of its stake in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to an Axios report. Despite the boost, the social media platform is still valued at nearly 72% less than the $44 billion Musk paid to acquire it in 2022.
Elon Musk’s xAI Secures $6 Billion in Second Fundraising Round of 2024
AI, has made waves in the tech world with its second major fundraising round of 2024, securing an additional $6 billion.
Elon Musk Owned xAI Made Grok AI Chatbot Free For All, Here's How You Can Use It
Elon Musk owned xAI recently made its Grok AI chatbot free for all. This expansion comes after reports from a month ago indicating that the Elon Musk-owned platform had been testing a free version of Grok in select areas.
All X users can access Grok AI chatbot and its new image generator now - for free
The Grok AI chatbot on X has been limited to Premium users. However, as first spotted by The Verge, starting on Friday, free users began noticing that they had also been given access to the Grok 2 chatbot,
8d
on MSN
Fidelity boosts valuations of its stakes in Elon Musk’s X and xAI startup, report says
October saw a 32.37% jump in X's valuation, marking the biggest monthly increase since Fidelity helped Musk buy Twitter for ...
Observer
5d
Elon Musk’s xAI Just Doubled Its Valuation to $50B—Here Are 4 Biggest Winners
Several backers of Elon Musk’s $44 billion acquisition of X are now set to receive a windfall from their investments in xAI.
4d
What We Know About XAI As It Bolsters Itself For AI Race—With $6 Billion In New Funding
Elon Musk’s artificial intelligence startup xAI disclosed Thursday it raised $6 billion in equity financing—the company’s ...
8d
Fidelity reportedly marked up its X stake by 32%
Fidelity marked up the value of its holdings in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to a report ...
13d
on MSN
Musk investors who got hosed on Twitter takeover set to reap windfall as xAI value surges: report
Musk has given 25% of the shares in his startup xAI to investors who helped fund his $44 billion acquisition of the social ...
8d
Wall Street Breakfast Podcast: Tavares Exits As Stellantis Sales Slump
Stellantis CEO Carlos Tavares resigns amid sales slump. Fidelity marks up value of its stake in Elon Musk's X by 32%: report.
8d
Fidelity marks up the value of its holdings in Elon Musk's X by 32.37% in October
Even though Fidelity marked up its holdings in X by an impressive 32.37 per cent, it still considers X to be worth ...
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