X.AI Corp.
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X.AI Corp. - overview
Established
2023
Location
Burlingame, CA, US
Primary Industry
Software
About
X. AI Corp. , based in the US, develops advanced AI platforms to enhance applications across various sectors. Its flagship product, Grok, serves as a versatile AI assistant designed for diverse clients including developers and government entities.
X. AI Corp. creates AI technology solutions, focusing on intelligent assistance services. Founded in 2023 in Burlingame, US.
In February 2026, X. AI Corp. , a portfolio company of Beyond Alpha Ventures, BAMCO, Cisco Investments, StepStone, Abstract Ventures, SpaceX, TPG, 1789 Capital, MGX, Qatar Investment Authority, BlackRock, NVIDIA Corporation, AMD, Oman Investment Authority, Morgan Stanley Investment Management, Lightspeed Venture Partners, Think 1st Principles, Ark Invest, Parkway, VR Ventures, Redstone, Vy Capital, Andreessen Horowitz, Fidelity Investments, Kingdom Holding Company, Valor Equity Partners and Sequoia Capital, merged into SpaceX, a portfolio company of Beyond Alpha Ventures, BAMCO, Cisco Investments, StepStone, Abstract Ventures, SpaceX, TPG, 1789 Capital, MGX, Qatar Investment Authority, BlackRock, NVIDIA Corporation, AMD, Oman Investment Authority, Morgan Stanley Investment Management, Lightspeed Venture Partners, Think 1st Principles, Ark Invest, Parkway, VR Ventures, Redstone, Vy Capital, Andreessen Horowitz, Fidelity Investments, Kingdom Holding Company, Valor Equity Partners, Sequoia Capital for USD 250 billion, in an all stock deal. The deal values X.
AI Corp. at USD 250 billion and the combined company at USD 1. 25 trillion. X.
AI Corp. was established by Elon Musk and Christian Szegedy. X. AI offers a suite of advanced AI products centered around its flagship product, Grok, which serves as a versatile AI assistant capable of enhancing applications across various platforms, including web, iOS, and Android.
Grok leverages its enhanced speed, precision, and multilingual capabilities to cater to a diverse clientele, which includes individual developers, businesses, and government entities. Notably, Grok 4, launched on July 9, 2025, is the most sophisticated model in the Grok line, featuring native tool use and real-time search integrations, specifically designed to improve reasoning and decision-making in real-time scenarios. The company also introduced the SuperGrok subscription service, which expands access to Grok Heavy and higher rate limits, and has recently launched Grok for Government, targeting U. S.
government customers with tailored AI solutions. These products are marketed not only in the United States but also have potential applications in international markets, reflecting the company's commitment to serving a global customer base. X. AI has structured its revenue model around subscription-based services, primarily through its SuperGrok offerings.
Customers pay for access to different tiers of Grok, including SuperGrok Heavy, which provides higher usage limits and advanced capabilities such as Grok 4 Heavy. The transaction model is designed to facilitate direct engagement with end users, allowing both individual developers and larger organizations, including government agencies, to integrate Grok's AI solutions into their operations seamlessly. By offering varying subscription plans, the company targets a broad spectrum of clients, from small developers to large institutions, ensuring a steady revenue stream from both B2B and direct-to-consumer channels. The pricing structure supports multiple tiers, encouraging users to upgrade as their needs for AI capabilities evolve.
X. AI Corp. The February 2026 merger enables the combined company to set up orbital data centers and continue scaling large‑scale artificial intelligence development.
Current Investors
SpaceX, Hong Shan, Valor Equity Partners
Primary Industry
Software
Sub Industries
Web Applications, Application Integration Software, Analytics & Performance Software
Website
www.x.ai/
Verticals
Artificial Intelligence, Artificial Intelligence, Artificial Intelligence, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
X.AI Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | X.AI Corp. | - |
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