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
More from Venture
- Nvidia guides 70% growth citing unmet AI demand, while media panics over a $500M Korean neocloud IPO — firstadopter · 2026-10-21
- MCP Platform NitroStack Wins Product Hunt Product of the Day, Focuses on Retention — EstablishmentFun4373 · 2026-10-21
- Affiniti Pivots Into an AI-Native Operating System for 3,300+ Main Street Businesses — jfiance · 2026-10-21
- AI stocks now 49% of the S&P 500, 2nd-largest concentration behind only 1880s railroads — SumitGup · 2026-10-21
- Polymarket puts just 7% odds on OpenAI pausing AI training this year — Polymarket · 2026-10-21
- Polymarket puts 85% odds on OpenAI hitting $1.25T valuation by year-end — Polymarket · 2026-10-21