Transparency comes first in investing — RootData's Exchange Rankings officially released [View Details]
API Download the RootData App

Musk: Bloomberg's report on xAI burning $1 billion a month is false

Jun 18, 2025 15:37:56

Share to

ChainCatcher news, Bloomberg previously reported that Elon Musk's artificial intelligence startup xAI is trying to raise $9.3 billion through debt and equity financing, as it is burning $1 billion a month. Musk denied this and called the report "nonsense."

Recent Fundraising

More
-- Dec 12
$6M Dec 11
$29M Dec 11

New Tokens

More
Dec 11
Almanak ALMANAK
Dec 11
Dec 11

Latest Updates on 𝕏

More