HUMAIN Backs xAI with $3 Billion Series E Investment Ahead of Historic SpaceX Merger
HUMAIN Backs xAI with $3 Billion Series E Investment Ahead of Historic SpaceX Merger
Publish Date: 2026-02-18 07:30:00
Source Domain: www.prnewswire.com
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HUMAIN’s $3 Billion Investment in xAI: HUMAIN, a PIF company focused on artificial intelligence, made a $3 billion strategic investment in xAI as part of its Series E financing round just before xAI’s acquisition by SpaceX.
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Minority Shareholder Status: Following the merger, HUMAIN became a significant minority shareholder in SpaceX, converting its xAI holdings into SpaceX shares.
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Strategic Partnership with xAI: This investment builds on a previous AI infrastructure partnership in Saudi Arabia, emphasizing HUMAIN’s role as both a strategic development partner and a leading global investor in frontier AI technologies.
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Alignment with Long-Term Growth: The investment reflects HUMAIN’s strong conviction in transformational AI and its ability to back high-impact platforms through long-term capital deployment.
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Global Technological Commitment: HUMAIN’s investment aims to support companies across various growth stages and continues its mission to drive digital transformation globally through advanced AI capabilities.
