Sunday 21 July 2024

This Stock Could Soar with Elon Musk’s New AI Venture

For years, one of the world's richest men and arguably most influential tech visionaries has mostly watched the AI Boom unfold from the sidelines…

But that all changes now.

Recently, reports emerged suggesting that Elon Musk was set to secure up to $6 billion in funding for his new AI startup, xAI…

And he’s done it.

According to Seeking Alpha, among others, xAI has raised "$6 billion in a series B funding round, reaching a post-money valuation of $24 billion."

Now, things have been mostly quiet since xAI's founding…

But this $6 billion funding round could change that in a dramatic way… And give Musk's new AI venture the potential to be bigger than Tesla… SpaceX… and PayPal.

What's even more exciting? You can potentially profit from it.

To get in position, I recommend you buy this AI stock immediately.

I believe this little-known company is supplying Elon Musk with a key piece of advanced tech for this new AI venture.

And with $6 billion of new funding in play, it could start moving very quickly.

Click here to get all the details.

Once the name of this supplier gets out, there's no telling how high shares could go.

Sincerely,

Luke Lango
Senior Investment Analyst, InvestorPlace

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