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Wendy SiegelmanxAI has grown rapidly- the company was started in 2023, and raised $6 billion from investors in December, valuing xAI at $35-$40 billionI reported in December that Saudi Prince Alwaleed’s Kingdom Holding had invested $800 million in Elon Musk’s xAI<a href="https://mastodon.social/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#Musk</a> <a href="https://mastodon.social/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener" target="_blank">#ElonMusk</a> <a href="https://mastodon.social/tags/XAI" class="mention hashtag" rel="nofollow noopener" target="_blank">#XAI</a> <a href="https://mastodon.social/tags/xcom" class="mention hashtag" rel="nofollow noopener" target="_blank">#xcom</a> <a href="https://mastodon.social/tags/PrinceAlwaleed" class="mention hashtag" rel="nofollow noopener" target="_blank">#PrinceAlwaleed</a> <a href="https://mastodon.social/tags/KingdomHolding" class="mention hashtag" rel="nofollow noopener" target="_blank">#KingdomHolding</a> <a href="https://newstracs.com/saudi-prince-alwaleed-kingdom-holding-put-800-million-in-musks-xai/2024/12/28/" rel="nofollow noopener" translate="no" target="_blank">https://newstracs.com/saudi-prince-alwaleed-kingdom-holding-put-800-million-in-musks-xai/2024/12/28/</a>

Wendy SiegelmanPrince Alwaleed's Kingdom Holding had a stake worth $1.9 billion when Musk bought Twitter in 2022 - a stake now worth approx $262 million per my analysis of Kingdom Holding filings. With the $800 million invested in xAI, Kingdom Holding appears to have over $1 billion invested in Musk's businesses.<a href="https://mastodon.social/tags/musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#musk</a> <a href="https://mastodon.social/tags/elonmusk" class="mention hashtag" rel="nofollow noopener" target="_blank">#elonmusk</a> <a href="https://mastodon.social/tags/xai" class="mention hashtag" rel="nofollow noopener" target="_blank">#xai</a> <a href="https://mastodon.social/tags/PrinceAlwaleed" class="mention hashtag" rel="nofollow noopener" target="_blank">#PrinceAlwaleed</a> <a href="https://mastodon.social/tags/kingdomholding" class="mention hashtag" rel="nofollow noopener" target="_blank">#kingdomholding</a><a href="https://newstracs.com/saudi-prince-alwaleed-kingdom-holding-put-800-million-in-musks-xai/2024/12/28/" rel="nofollow noopener" translate="no" target="_blank">https://newstracs.com/saudi-prince-alwaleed-kingdom-holding-put-800-million-in-musks-xai/2024/12/28/</a>

Wendy SiegelmanSaudi Prince Alwaleed’s Kingdom Holding has now invested $800 million in Elon Musk’s xAI and in related news Elon Musk has just set-up a new company X.AI London Ltd as he aligns with Nigel Farage’s far-right Reform party, my latest:<a href="https://mastodon.social/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener" target="_blank">#ElonMusk</a> <a href="https://mastodon.social/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#Musk</a> <a href="https://mastodon.social/tags/PrinceAlwaleed" class="mention hashtag" rel="nofollow noopener" target="_blank">#PrinceAlwaleed</a> <a href="https://mastodon.social/tags/KingdomHolding" class="mention hashtag" rel="nofollow noopener" target="_blank">#KingdomHolding</a> <a href="https://mastodon.social/tags/XAI" class="mention hashtag" rel="nofollow noopener" target="_blank">#XAI</a> <a href="https://mastodon.social/tags/Farage" class="mention hashtag" rel="nofollow noopener" target="_blank">#Farage</a> <a href="https://mastodon.social/tags/ReformUK" class="mention hashtag" rel="nofollow noopener" target="_blank">#ReformUK</a> <a href="https://mastodon.social/tags/ReformParty" class="mention hashtag" rel="nofollow noopener" target="_blank">#ReformParty</a> <a href="https://newstracs.com/saudi-prince-alwaleed-kingdom-holding-put-800-million-in-musks-xai/2024/12/28/" rel="nofollow noopener" translate="no" target="_blank">https://newstracs.com/saudi-prince-alwaleed-kingdom-holding-put-800-million-in-musks-xai/2024/12/28/</a>

Wendy SiegelmanNEW: public filings show that Saudi Prince Alwaleed’s company Kingdom Holdings' investment in Elon Musk’s X may have fallen from $1.9 billion to a valuation of $262 million, but Kingdom Holding recently invested another $400 million in Musk’s xAI, my latest:<a href="https://mastodon.social/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener" target="_blank">#ElonMusk</a> <a href="https://mastodon.social/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#Musk</a> <a href="https://mastodon.social/tags/PrinceAlwaleed" class="mention hashtag" rel="nofollow noopener" target="_blank">#PrinceAlwaleed</a> <a href="https://mastodon.social/tags/KingdomHolding" class="mention hashtag" rel="nofollow noopener" target="_blank">#KingdomHolding</a> <a href="https://mastodon.social/tags/X" class="mention hashtag" rel="nofollow noopener" target="_blank">#X</a>.com <a href="https://mastodon.social/tags/Twitter" class="mention hashtag" rel="nofollow noopener" target="_blank">#Twitter</a> <a href="https://mastodon.social/tags/SaudiArabia" class="mention hashtag" rel="nofollow noopener" target="_blank">#SaudiArabia</a><a href="https://newstracs.com/new-details-on-saudi-arabian-kingdom-holding-investments-in-elon-musk-businesses/2024/08/23/" rel="nofollow noopener" translate="no" target="_blank">https://newstracs.com/new-details-on-saudi-arabian-kingdom-holding-investments-in-elon-musk-businesses/2024/08/23/</a>

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