Private Market View

xAI

Business/Productivity Software · Palo Alto, CA · Founded 2023 · Acquired/Merged (Operating Subsidiary)

PA Mark · $/share
$86
Sep 2026
Implied valuation
$198.6B
Total raised
$47.2B
Last round
Merger/Acquisition
Feb 2026
What is xAI worth?
$198.6Bimplied by the PA Mark · Sep 2026

xAI last raised $250.0B in its Merger/Acquisition (Feb 2026).

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Valuation timeline

6 marks · May 2024 – Sep 2026
Series B4 roundsPA Mark
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Funding history

9 rounds
DateRoundRaisedPost-money
Feb 2026Merger/Acquisition$250.0B
Jan 2026Series E$20.0B
Dec 2025Secondary Transaction - Private$4.2M
Jun 2025General Corporate Purpose$5.0B
Jun 2025Later Stage VC$10.0B
Jan 2025Later Stage VC$27.7M
+ 3 earlier rounds · a free account shows the full history

How xAI's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For xAI, we compose those signals into the PA Mark — a weighted composite of 10 recent pricing inputs, decayed by age and reset on new rounds. The implied valuation multiplies the mark by shares outstanding. Full methodology →

Frequently asked

What is xAI worth?
xAI's implied valuation is $198.6B, based on the PA Mark composite price of about $86 per share as of Sep 2026.
How much has xAI raised?
xAI has raised $47.2B in total funding across 9 recorded rounds.
When did xAI last raise?
xAI last raised in Feb 2026 (Merger/Acquisition), raising $250.0B.
xAI Valuation 2026 — $198.6B | Private Market View