AI Lab · Part of SpaceX · US

xAI

AI company that builds the Grok models. It became a wholly owned subsidiary of SpaceX in 2026.

Legal name: X.AI Holdings Corp.Founded Mar 9, 2023 (Wikidata)Part of SpaceX since Feb 2, 2026Reviewed Oct 21, 2026

Parent
SpaceX
since Feb 2, 2026 · 10-Q ↗
Last round
Series E
Jan 6, 2026 · Closed · xAI ↗
Equity raised*
$26B
in 2 closed rounds Tokscale tracks · method

Funding

Financing events where xAI raised money or filed for it

DateRoundEquityDebtPost-moneyLeadsStatus
Jan 6, 2026Series E$20BNot tracked yetNot tracked yetNo lead named in the sourceClosed xAI ↗
Dec 23, 2024Series C$6BNot tracked yetNot tracked yetNo lead named in the sourceClosed xAI ↗
May 26, 2024Series B$6BNot tracked yetNot tracked yetNo lead named in the sourceAnnounced xAI ↗

* Equity raised counts closed primary equity rounds only, per currency. It excludes debt, secondary sales, Form D amounts and money counted inside a later round. Other trackers often add some of these, so their totals differ. Method →

Investors named in primary sources

Strategic
NVIDIAAMD

Amounts per investor are shown only when a source states them. Other named investors are listed on each round page.

Models and usage on Tokscale

Among Tokscale users only

Among Tokscale users, last 30 days (Oct 14, 2026 to Nov 12, 2026). Tokscale usage is not market share.
ModelActive usersAdoptionTokens
Grok 4.7grok-4.713114%33.7B
Grok 4.6grok-4.6414%4.4B
Grok Bot Defaultgrok-bot-default303%5.4B
Grok 4.7 Build Fastgrok-4.7-build-fast253%3.3B
Grok Bot Automationgrok-bot-automation202%1.5B
Grok 4.7 High Fastgrok-4.7-high-fast182%6.7B
Grok 4.7 Highgrok-4.7-high141%3.8B
Grok 4.5grok-4.591%1.1B

45 xAI models used · 0.3% of tokens from identified models among 958 Tokscale accounts · data through Nov 12, 2026. All models →

Other deals

  1. Feb 2, 2026M&ASpaceX completes its acquisition of xAISpaceX ↔ xAINo amount stated in the sourceCompleted 10-Q ↗

Timeline

Every tracked event, newest first

  1. Feb 2, 2026M&ASpaceX completes its acquisition of xAISpaceX ↔ xAINo amount stated in the sourceCompleted 10-Q ↗
  2. Jan 6, 2026RoundxAI Series ExAI$20BClosed xAI ↗
  3. Dec 23, 2024RoundxAI Series CxAI$6BClosed xAI ↗
  4. May 26, 2024RoundxAI Series BxAI$6BAnnounced xAI ↗
Deal counterparties
SpaceX
Same category
AnthropicOpenAISpaceXAlphabetMetaMistral AIDeepSeekMoonshot AIZ.aiMiniMaxAlibabaCursor

Sources

5 sources · reviewed Oct 21, 2026

  1. SEC EDGAR (Space Exploration Technologies Corp.), “SpaceX Form 10-Q for the quarter ended June 30, 2026”, Aug 4, 2026 · 10-Q
  2. xAI, “xAI Raises $20B Series E”, Jan 6, 2026 · xAI
  3. xAI, “xAI raises $6B Series C”, Dec 23, 2024 · xAI
  4. xAI, “Series B funding round”, May 26, 2024 · xAI
  5. Wikidata, “Wikidata item Q120599684 (SpaceXAI)” · Wikidata

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