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Sources: after it closes a round at a $31.5B valuation, Moonshot plans a final raise at a $50B valuation to capitalize on Kimi K3 buzz before a Hong Kong IPO (Pei Li/Bloomberg)

Techmeme ·
Moonshot is already talking up a $50 billion pre-IPO valuation before its next raise is done.

Bloomberg says the company first needs to close a round valuing it at $31.5 billion. The planned final raise would lean on attention around Kimi K3 ahead of a Hong Kong IPO. Techmeme also points to follow-on coverage saying Moonshot is seeking pre-IPO funding at that level. Techmeme's note

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Categories: Money & Moves