Musk may consider a new round of funding for xAI, giving it an "appropriate value."

PANews April 22 news, according to CNBC citing sources, Musk stated in a conference call with xAI investors last week that he is considering giving his artificial intelligence startup xAI "appropriate value." Although Musk has not officially announced a new round of financing, sources believe that this statement indicates that xAI is preparing for a large-scale financing round in the near future. The company also discussed revenue targets that could reach $1 billion or more during the conference call. Sources believe that Musk's appearance in the xAI conference call may be a signal that he is refocusing on his business entities. The report also noted that Tesla, where Musk serves as CEO, saw its stock price fall by 40% this year, which may raise questions about his management capabilities.