About X.ai
X.ai is a private company based in Palo Alto, California, incorporated in 2023 in Nevada. It has reported $11,158,743,301 raised in three offerings on Form D since December 2023.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Nov 22, 2024 | Dec 5, 2024 | $5,999,999,466of $6.00B target | 97 | $61.8M | EquityRule 506(b) | Form D ↗ |
| May 10, 2024 | May 28, 2024 | $5,024,064,523of $7.00B target | 139 | $36.1M | EquityRule 506(b) | Form D ↗ |
| Nov 29, 2023 | Dec 5, 2023 | $134,679,312of $1.00B target | 4 | $33.6M | EquityRule 506(b) | Form D ↗ |
| Total, three offerings | $11,158,743,301 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on X.ai's Form D filed Dec 5, 2024.
EM
Elon Musk
Executive officer and director
JB
Jared Birchall
CORPORATE SECRETARY and CFO
Also a secretary and director at Neuralink and The Boring Company and a corporate secretary at X.AI Holdings.