Moonshot AI reportedly files confidentially for HK IPO at $50B pre-money valuation
rohanpaul_ai · x · 2026-09-03
Moonshot AI, the company behind Kimi, has reportedly filed confidentially for a Hong Kong IPO, planning to raise funds at a $50B pre-money valuation.
- A confidential filing keeps the application off HKEXnews; no public prospectus is expected at this stage
- Demand strained capacity after K3's release; Moonshot's reported ARR reached roughly $300M in June
- The company closed a $3.5B round at a reported $35B valuation in July before beginning talks around the new $50B pre-money figure
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