xAIrevenue, acquisition & funding
Generative AI SoftwareSan Francisco, CaliforniaFounded 2023
xAI was acquired by SpaceX in 2026.
xAI is a Generative AI Software company based in San Francisco, founded in 2023.
xAI revenue
xAI has not published its revenue, and GetLatka has no sourced estimate yet. Know the figure? Send us a source.
Who owns xAI
SpaceX owns xAI. It bought the company in February 2026 for $250B (Yahoo Finance).
xAI funding rounds & investors
xAI has raised $6.4B across three rounds since 2023. The latest was a $6B Series B in May 2024.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| May 2024 | Series B | $6B | $24B |
| Dec 2023 | Venture | $134.7M | – |
| Nov 2023 | Corporate | $250M | – |
| Total raised | $6.4B |
xAI CEO, founders & employees
Elon Musk founded xAI in 2023 and led it as CEO. xAI had 1,200 employees (March 2025, Business Insider).
- Elon MuskFounder
All 3 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Mar 2025 | 1,200 | Business Insider |
| Jan 2025 | 1,518 | |
| Oct 2024 | 857 |
xAI FAQ
Who owns xAI?
SpaceX owns xAI. It bought the company for $250B in February 2026, according to Yahoo Finance.
How much funding has xAI raised?
xAI raised $6.4B across three funding rounds before SpaceX bought it. The last was a $6B Series B in May 2024.
How many employees does xAI have?
xAI had 1,200 employees in March 2025, according to Business Insider.
Who founded xAI?
Elon Musk founded xAI in 2023.
Browse Generative AI Software
How this page is sourced
3 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 28, 2026Data disclaimerReport a correctionClaim this profileRun xAI? Join the podcast