🧠 Elon Musk Denies xAI Funding Rumors🔥
According to reports, CNBC claimed xAI raised $15 billion in a Series E round — but Elon Musk has now publicly denied this.
That’s a big deal because it undercuts market hype that was fueling speculative buying around the “xAI narrative” tokens.
💥 What This Means for xAI-Related Coins
Short-term volatility:
Expect sharp pullbacks or panic sells, especially for smaller xAI-themed coins that were pumped by funding rumors. Traders who bought the hype might exit fast.
Possible bounce later:
If Musk clarifies plans or reveals any real progress from xAI (like new AI integrations into X/Twitter or Grok updates), we could see a recovery.
Market psychology:
The denial doesn’t kill xAI — but it cools the “FOMO narrative.” Smart money will wait for official confirmation before re-entering.
🔍 Key Takeaway
This isn’t the end for $XAI
— but the market just got a reality check.
Until verified funding details come out, xAI coins will likely stay choppy.
Stay cautious. Rumors move markets — but only facts sustain trends. ⚡
