AI raised $20 billion in an upsized Series E to fund AI infrastructure and products, the company said in a press release.

The Tesla CEO’s fortune surged this year, eclipsing numerous milestones as Musk became wealthier than some of the world’s largest economies.

The funding is part of an A.I. frenzy, as investors aggressively plow enormous sums into fast-growing start-ups at sky-high valuations.

Elon Musk's AI said it raised $20 billion in new funding after CNBC reported in November that a financing round would value the company at about $230 billion.

Former SpaceX propulsion CTO Thomas Mueller’s space startup reached unicorn status this year thanks to $525 million in funding since 2021. It’s just one of 141 other startups founded by SpaceX alumni.

Elon Musk’s xAI said it has raised $20bn in new funding, in an upsized deal that more than doubles its valuation since last spring, despite growing concern over illegal content generated by its artificial intelligence.

Elon Musk announces Neuralink brain implants will enter "high-volume" production by 2026, helping paralyzed patients control devices with thought.

President Donald Trump and Elon Musk have seemingly rekindled their relationship after their public fallout last year. In a post shared on X on Jan. 4, Musk wrote, 'Had a lovely dinner last night with @POTUS and @FLOTUS.

An unknown TikTok user posted a live stream in which she said: "I wouldn’t worry too much about him. He about to die.”

Elon Musk has tempered the excitement around Nvidia’s Rubin AI chips unveiled at CES 2026, warning that real-world deployment will take time. While acknowledging Rubin’s technical ambition, Musk suggested it could be months before the hardware and software stack are ready to scale reliably.