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 pursuing pre-IPO funding at a $50B valuation, signaling investor demand around its Kimi K3 model momentum.

Categories: Money & Moves

Excerpt

<a href="https://www.bloomberg.com/news/articles/2026-07-21/china-s-moonshot-in-talks-on-pre-ipo-funds-at-50-billion-value"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260721/i23.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260721/p23#a260721p23" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Pei Li / <a href="https://www.bloomberg.com/">Bloomberg</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-07-21/china-s-moonshot-in-talks-on-pre-ipo-funds-at-50-billion-value">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</a></b></span>&nbsp; &mdash;&nbsp; Moonshot AI is preparing to begin discussions in August on a final round of fundraising before listing in Hong Kong &hellip; </p>