tXAI
Tokenised Economic Right (not equity) to potential future liquidity from WLTH’s investment in Elon Musk’s AI company xAI.
Slices are not securities of, nor endorsed by, the underlying company. They are unsecured contractual rights against WLTH. Review the full Terms & Conditions before purchasing.
Category: Artificial Intelligence
Opportunity Type: Tokenised Economic Right
WLTH Entry Valuation: $138.04bn
Company Overview
xAI was founded in July 2023 by Elon Musk, with the mission of building artificial intelligence that can “understand the true nature of the universe.” Unlike competitors such as OpenAI, Anthropic, and Google DeepMind, which rely on closed datasets and controlled release cycles, xAI is designed to be real-time, open to live global data streams, and scaled through Musk’s broader ecosystem.
Critically, xAI owns and operates X (formerly Twitter), the world’s digital town square with 500M+ active users. This direct control over X provides xAI with an unrivaled firehose of real-time human conversations, cultural trends, and global sentiment. These are data streams no other AI company can access at scale.
xAI’s flagship product, Grok, is embedded into X Premium, giving it immediate global distribution. Unlike other LLMs that rely on static datasets, Grok can reference live events, trending conversations, and real-time news, creating an AI that is contextually aware and constantly up-to-date.
Beyond X, xAI benefits from synergies across Musk’s ecosystem:
Tesla → Dojo supercomputers provide one of the most advanced AI training infrastructures in the world.
SpaceX / Starlink → Satellite broadband ensures xAI services are globally scalable, even in regions beyond traditional infrastructure.
Neuralink → Long-term research into brain–computer interfaces could integrate AI directly into human cognition.
The Problem
Data Lag: Existing models rely on static training datasets, leaving them blind to real-world developments.
Censorship & Control: AI access is increasingly restricted by a small group of centralized players.
Monopoly Risk: AI innovation is dominated by a handful of companies, raising barriers for open alternatives.
The Solution
xAI’s approach centers on real-time AI with ecosystem distribution advantages:
Real-Time Awareness → Grok’s integration with X makes it the first frontier AI assistant able to reference ongoing events in real time.
Compute Scale → Leveraging Tesla’s Dojo infrastructure allows xAI to train and iterate faster than competitors.
Global Reach → Integration into X Premium gives Grok distribution across a potential 500M+ users.
Visionary Leadership → With Musk at the helm, xAI is positioned to challenge OpenAI’s dominance and build AI that is both powerful and less restricted.
Market Opportunity
Global AI market projected to surpass $1.3 trillion by 2030 (CAGR ~38%).
Musk-controlled platforms (Tesla, X, Starlink) create unique built-in adoption funnels for xAI.
Rapid scaling through X Premium subscriptions, offering consumer monetization from day one.
Opportunity to expand into enterprise integrations (autonomy, satellite data, defense, biotech).
Traction & Validation
Funding → Raised $6B at a $24B valuation, backed by Sequoia Capital, a16z, Fidelity, and Valor Equity Partners.
Product →
Grok 1.0 launched November 2023 (text-based conversational AI with humor and real-time awareness).
Grok 1.5 (March 2024) introduced multimodal capabilities (text + vision), enabling richer outputs.
Grok 2.0 expected in Q4 2024, targeting broader integration with X and advanced reasoning.
Adoption → Grok is natively embedded into X Premium subscriptions, giving it instant reach to hundreds of millions of global users, a scale unmatched by any AI competitor.
Infrastructure → xAI leverages Tesla’s Dojo, one of the most powerful supercomputers globally, purpose-built for large-scale AI training.
Ownership of X → By controlling X, xAI has a built-in distribution engine and a proprietary, real-time dataset that ensures defensibility and relevance.
Intellectual Property & Strategic Assets
Proprietary LLMs trained on real-time social data from X.
Hardware scaling advantage via Dojo compute.
Strategic integrations across Musk ecosystem.
Team drawn from DeepMind, Google Brain, Anthropic, and OpenAI.
Business Model & Financial Highlights
Consumer Revenue: Bundled into X Premium subscriptions, capturing revenue directly from a global audience.
Enterprise Expansion: Anticipated applications across Tesla’s autonomous driving, SpaceX’s data networks, and beyond.
Platform Vision: Long-term development of multimodal AGI (text, vision, video, neurotech).
Competitor Analysis
Company
Tech Focus
Stage
Valuation
xAI
Real-time LLM + multimodal, integrated with X data and Tesla Dojo compute. Owns and operates X (Twitter), embedding Grok directly into global user experience.
Growth (Series B)
~$24B
OpenAI
GPT LLMs (GPT-4, ChatGPT). Subscription-based via ChatGPT and enterprise APIs. Closed-source.
Growth
$80–90B (private secondary)
Anthropic
Claude LLMs (Claude 3 family). Safety-focused frontier AI models, funded by Amazon and Google.
Growth
$18–30B (private secondary)
Google DeepMind
Gemini multimodal LLMs integrated into Google Workspace and Android ecosystem.
Mature (Alphabet subsidiary)
N/A (Alphabet’s $2T+ market cap)
⚡ Key Differentiator: Unlike competitors, xAI has direct ownership of the distribution platform (X), combining real-time data streams with immediate monetization through X Premium. This vertical integration of data → model → distribution → revenue makes xAI uniquely positioned to scale.
Team
Elon Musk: Founder (Tesla, SpaceX, Neuralink, ex-OpenAI co-founder).
Igor Babuschkin (DeepMind, Anthropic).
Tony Wu (Google Research).
Christian Szegedy (Google Brain, DeepMind).
Greg Yang (Microsoft Research).
Disclaimer
No affiliation. Nominative reference only
The underlying company is entirely unaffiliated with this offering, with Metamasters DAO Corp, and with the associated Slices. Specifically:
No endorsement or authorisation. The underlying company has not reviewed, approved, authorised, endorsed, sponsored, or consented to any aspect of this token, marketing material, or structure.
No participation or cooperation. The underlying company and its officers, directors, shareholders, and employees are not involved, directly or indirectly, in structuring, issuing, marketing, managing, servicing, or redeeming the Slices.
No contractual or economic relationship. Purchasing a Slice does not give you any equity, debt, contractual claim, option, warrant, or other right against the underlying company. Your sole counter-party is WLTH.
No obligations on the underlying company. It owes you no fiduciary duty, payment, or disclosure and will have no liability to you in connection with your purchase.
No effect on the underlying company’s securities. Issuing Slices does not affect its capitalisation, shareholder base, voting power, or governance.
Trademark usage. Any mention of the underlying company’s name is strictly nominative. WLTH claims no ownership and implies no sponsorship.
Information limitations. All company-related data herein are drawn from public sources WLTH believes to be reliable.
Last updated