Nate is a serial entrepreneur, part-time investor, and founder of WallStreetZen. He holds a Juris Doctor (JD) degree from UAlberta Law - but don’t hold that against him. He’s passionate about building great software that delights users. He occasionally writes about himself in the 3rd person.
xAI is not publicly traded.
Hiive is a marketplace that connects accredited investors with shareholders of pre-IPO, VC-backed companies like xAI who want to sell their shares.
Sign up with Hiive here and get access to xAI before its IPO.
At writing, Elon Musk’s net worth is over 220 billion (yes, with a B) dollars. Having gained a name for himself as the CEO of multiple household-name companies such as Tesla (NASDAQ: TSLA) and Twitter (X), investors tend to watch his projects with great interest.
It’s no wonder so many people are Googling “xAI stock Elon Musk” — right now, many investors are curious about one of Musk’s most recent ventures, xAI.
Founded in 2023, the company has already been valued at over $24 billion. As a result of the company’s rapid growth, many investors are curious about how to buy xAI stock.
Want to learn more? In this article, we’ll explain what xAI is, what the company does, and why it’s on so many investors’ radars.
We’ll also explain how to invest in xAI — both directly (for accredited investors) through Hiive, as well as how to gain exposure to the company for both accredited and non-accredited investors alike.
Let’s get to it:
How to Buy xAI as an Accredited Investor
As noted above, xAI is not publicly traded. However, if you’re an accredited investor, you can gain exposure to private companies including xAI through Hiive.
Hiive is a robust marketplace with thousands of private, VC-backed companies that connects shareholders who want to sell their pre-IPO shares with accredited investors.
Hiive’s offerings include several companies with a direct Elon Musk connection, including Groq, The Boring Company, and Twitter (X).
If you’re interested in investing in xAI and you’re an accredited investor, here’s what to do:
- Sign up with Hiive
- Check out xAI
- Add it to your watchlist, and get notified about any new listings and trades.
Currently, there are 31 live orders for xAI on Hiive.
Every xAI listing is created by a seller who might be either an employee, angel investor, or venture capitalist. The seller sets their asking price and the amount of shares they want to sell.
As a buyer, you can check out the listing, accept the seller’s price, or place a bid and negotiate. You can also add the company to your watchlist and keep an eye on all recent transactions, including the prices and quantity of shares.
How to Buy xAI as a Retail Investor
Note: This article does not provide investment advice. The stocks listed should not be taken as recommendations. Your investments are solely your decisions.
At this time, xAI is a private company, so there is no xAI stock symbol, and you can’t buy and sell the stock in your brokerage account.
However, that doesn’t mean there isn’t a way to gain exposure to the company and the technological advancements it’s involved in. Let’s talk about a few potential approaches.
1. Gain Exposure Through a Fund Holding xAI
Currently, there are a few funds that offer exposure to xAI:
The Ark Venture Fund (ARKVX): Launched in 2022, this fund was created to provide investors with exposure to private companies and startups poised for disruptive innovation.
As of August 2024, the fund’s current net assets are $63 million. It includes early-to-late-stage private companies with high-growth potential in various sectors. In addition to xAI, the fund’s portfolio includes OpenAI, Databricks, and Anthropic.
Note: While it doesn’t currently list xAI among its holdings, the Fundrise Innovation Fund is a vehicle that offers both accredited and non-accredited investors access to cutting-edge technology companies.
It’s also highly accessible: The minimum investment is $10. Check out the Fundrise Innovation Fund here.
2. Invest in a publicly-traded Elon Musk company
If your main draw to xAI is the Elon Musk connection, then you might want to consider the billionaire’s other public companies — namely, Tesla (NASDAQ: TSLA) which is publicly traded.
While the current consensus for TSLA is Hold according to the analysts WallStreetZen tracks, it may be of interest to know that at writing (August 2024), the maximum 1-year forecast currently suggests over 49% potential upside.
Here’s the 1-year chart for TSLA, courtesy TradingView:
3. Invest in AI companies
While it’s a less-direct way to invest in xAI specifically, focusing on AI companies that are publicly traded may offer exposure to the exciting AI industry.
Here are a few to consider:
- Nvidia (NASDAQ: NVDA)
- Advanced Micro Devices (NASDAQ: AMD)
- Amkor Technology (NASDAQ: AMKR)
- Qualcomm (NASDAQ: QCOM)
- Rambus Inc. (NASDAQ: RMBS)
For more information on all of the above AI companies (as well as several other AI stocks and ETFs), check out our post: How to Invest in AI in 2025
How Much is xAI Worth?
xAI’s last funding round in June 2024 raised $6 billion in Series B funding, and included notable investors such as Andreessen Horowitz, Ark Investment Management, Fidelity Management & Research Company, Sequoia Capital, Valor Equity Partners, and more.
As of this last funding round, the company was valued at $24 billion. Here’s a fun fact: xAI is currently ranked as the 12th most valuable startup in the world.
Does Twitter (X) Own xAI?
Nope. While in 2023, Elon Musk announced xAI’s launch via Twitter the company is not owned by the social media giant.
Per xAI’s website, the company operates separately from X Corp., though it “works closely with Twitter (X) and Tesla to accomplish its mission.”
The company’s goal is to “understand the true nature of the universe,” and team members include a who’s who of tech, featuring former employees of Google Research, DeepMind, and Microsoft Research.
Musk plans to position the company to compete with the companies behind chatbots like ChatGPT.Relatedly, Elon Musk’s xAI is said to be interested in buying the chatbot maker Character.AI. (Bloomberg, The Information)
How to Buy the xAI IPO
Right now, xAI doesn’t have plans to go public. But it never hurts to be prepared. If and when the company does decide to IPO, here’s what to do:
- Create or login to your brokerage account (if you don’t have one, we recommend eToro)
- Search for Twitter
- Select how many shares you want to buy
- Place your order
- Monitor your trade
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
xAI Stock Price Chart
Since xAI is not publicly traded, you won’t find an xAI stock price chart out there.
Accredited investors can check out the aggregate price for xAI on Hiive — but note that this metric is generated based on Hiive’s proprietary algorithm and does not reflect any current offers or an indication of future performance.
Conclusion
As you can see from reading the above, there are plenty of reasons why xAI is worth keeping an eye on. It’s in an exciting sector. It has a big-name founder. It has notable investors, and it’s already valued at $24 billion — just a little over a year after its founding.
If you’re an accredited investor, you can check out xAI on Hiive. If you’re a non-accredited investor, consider researching the stocks and funds listed in this article for potential exposure to the sector and similar technology.
Any views expressed here do not necessarily reflect the views of Hiive Markets Limited (“Hiive”) or any of its affiliates. WallStreetZen is not a broker dealer or investment adviser. This communication is for informational purposes only, and is not a recommendation, solicitation, or research report relating to any investment strategy, security, or digital asset. All investment involves risk, including the loss of principal and past performance does not guarantee future results. There is no guarantee that any statements or opinions provided herein will prove to be correct. WallStreetZen may be compensated for user activity resulting from readers clicking on Hiive affiliate links. Hiive is a registered broker-dealer and member of FINRA / SIPC. Find Hiive on BrokerCheck.
FAQs:
How can I buy xAI stock?
At this time, xAI is a private company, so there’s no xAI stock ticker or symbol, and you can’t trade shares via your brokerage account. Accredited investors can invest in the top private companies like xAI before they IPO via secondary marketplaces such as Hiive.
How much is xAI stock?
At this time, there is no stock price for xAI since the company is not publicly traded. However, accredited investors can view aggregate price information for xAI on Hiive.
What is the xAI stock symbol?
At this time, there is no stock symbol for xAI because the company is still private.
Who owns xAI stock?
xAI is a privately-held company. Holders of xAI stock likely include company founder Elon Musk, company employees, and investors including Andreessen Horowitz, Ark Investment Management, Fidelity Management & Research Company, Sequoia Capital, Valor Equity Partners, and more.
Where to Invest $1,000 Right Now?
Did you know that stocks rated as "Buy" by the Top Analysts in WallStreetZen's database beat the S&P500 by 98.4% last year?
Our January report reveals the 3 "Strong Buy" stocks that market-beating analysts predict will outperform over the next year.
