Elon Musk held a call with current investors of his artificial intelligence company xAI last Wednesday, according to CNBC's David Faber. During the call, Musk indicated that he is seeking to establish a "proper value" for xAI, which follows the company's recent merger with X Corp. Sources cited by CNBC report that xAI is preparing for a large capital raise in the upcoming months, potentially aiming to raise around $25 billion. The funding round could value the company between $150 billion and $200 billion. This capital raise is expected to support projects such as the Colossus 2 supercomputer, which will feature one million GPUs. The developments around xAI's funding and valuation have also led to speculation about a potential increase in the valuation of X, the social media company formerly known as Twitter, which recently merged with xAI. Separately, Elon Musk stated that Tesla could become the most valuable company, potentially surpassing the combined value of the next five largest companies.