ewrhebe
@sdvsbsbs
xAI, led by Elon Musk, is selling $3 billion in stock. This sale values the company at over $113 billion. The move allows employees to sell shares to new investors. A source called this "tender offer" a prelude to a bigger funding round where the company will issue more shares to outside investors. (Financial Times)
0 reply
0 recast
0 reaction