xAI discloses $5.32 billion sold in equity offering
An August 2025 filing reports cumulative equity sales in an offering that began in June.
X.AI Holdings Corp. disclosed on August 6, 2025 that it had sold $5,318,549,402 of equity in an offering totaling $6,390,016,247. The filing lists June 18 as the first sale date and $1,071,466,845 still available to sell.
The Palo Alto-based issuer reported seven investors without naming them. The disclosed amount covers sales accumulated in that offering, rather than an additional $5.32 billion raised on the filing date. xAI develops the Grok family of AI models and applications.