Accredited investors can purchase xAI pre-IPO stock via platforms like EquityZen. This stock, offered by existing company shareholders, is traded based on market availability and adherence to both company by-laws and securities regulations. ARK Venture Fund currently invests data science applications top 10 use cases of data science in xAI, which is a private artificial intelligence (AI) startup created by Musk last year. This also isn’t the only private company of Musk’s that this fund holds. It also has a stake in SpaceX as well as social media platform X.

How can I buy xAI stock?

You cannot purchase its shares since xAI is not listed on any stock exchange. There is no such official notification regarding its listing on any stock exchange. The majority of the xAI money comes from Elon Musk, who also owns the most shares in the business.

Similarweb reported in July that chat.openai.com reached 1.8 billion monthly visits. He can steer the business toward expansion and greater shareholder returns. Therefore, for ordinary investors, directly investing in xAI is almost exclusively an option if you work in xAI.

Buy the stock during the xAI IPO through a participating broker

He joined the AI crypto risk management arms race in April when X.ai was founded, and the company purchased thousands of Nvidia GPUs. When ChatGPT launched in December 2022 its popularity shocked executives at big technology firms. The OpenAI application quickly became the fastest ever to grab one million active monthly users, smashing previous records set by Facebook, Instagram and even Tik Tok.

• Later, the company made the model available through a chatbot to Premium+ users — who pay $16 a month — on X.
• Once you have made your XAI investments, it’s important to regularly monitor your portfolio and stay informed about market trends and developments in the XAI industry.
• Project xAI is currently in its early stages and is attempting to create new AI-based technology.
• Then Musk acquired Twitter in 2022, rebranding it to 𝕏 in 2023, and founding xAI the same year.
• Therefore, Nvidia may be an excellent investment for investors, given its position in chip manufacturing.

Nestled in the heart of the San Francisco Bay Area, the company boasts a formidable team of 12, comprising not only Musk but also distinguished AI researchers and engineers. It’s no wonder so many people are Googling “xAI stock Elon Musk” — right now, many investors are curious about one of Musk’s most recent ventures, xAI. Buying Tesla stock might be the best option advantages of python that made it so popular and its major applications for gaining exposure to xAI at the moment.

Musk parted ways with the company in 2019 and has been critical of its shift away from its nonprofit origins. It took OpenAI, last valued at $157 billion in October, about nine years to reach the $50 billion milestone, according to PitchBook data. Then Musk acquired Twitter in 2022, rebranding it to 𝕏 in 2023, and founding xAI the same year.

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Additionally, investing in early-stage companies may involve higher risks due to limited operational history and market uncertainty. Opportunities to acquire private shares of xAI are limited for now, at least until the last funding round is completed. Investing in XAI can be a rewarding journey for investors who are willing to put in the time and effort to understand the technology and its implications. By following the steps outlined in this guide and staying informed about market trends, you can build a successful portfolio of XAI investments. Remember to consult with a financial advisor before making any investment decisions to ensure they align with your financial goals and risk tolerance.

The price of Tesla stock increased considerably last year, growing by +85% from a low of $113 in January 2023 to $209 in January 2024. While the broader market rallied in the past year in general, Tesla way outperformed the S&P 500 Index in the time period (S&P 500 gained +21.5% YTD). In January of this year, CNBC reported that xAI is seeking outside investment at a valuation of $15 billion to $20 billion.

The fund also invests in OpenAI, the popular player behind ChatGPT, as well as other companies in the industry, such as Figure AI and Shield AI. Cathie Wood’s ARK Invest has taken a stake in Elon Musk’s startup xAI as she deepens her big bet on artificial intelligence. However, judging by Elon Musk’s other business ventures that have still not gone public, an xAI IPO is unlikely as of now. As xAI remains in the private hands of Elon Musk, you cannot buy its stock. However, you can invest in his other business endeavor, Tesla (TSLA).

All U.S.-based individual investors 18 and up can invest in the ARK Venture Fund for a $500 minimum. If AI companies start to IPO and show successful outcomes, other AI companies may rush to the public markets. Here’s a list of X Corp investors from when Musk acquired Twitter. I and many Access IPOs readers also own this fund, thereby making us stockholders. Over the years, startup investors have poured billions of dollars into DNA testing companies. Elon Musk’s AI startup, xAI, has reportedly been valued at $50 billion — $6 billion more than what he paid to acquire Twitter, the social-media platform now known as X.

A company is now developing human washing machines

XAI was founded by Elon Musk, a tech billionaire known for founding a number of technology companies, including Tesla, SpaceX, PayPal, and Neuralink. Given his large business empire, it’s no surprise that Musk makes a whopping $537 per second or roughly $18.3 billion per year. However, it still remains to see if Elon Musk’s AI company will replicate the success of his other ventures.