Moonshot AI closes final private round at ~$50B valuation, targets Hong Kong IPO

nmasc_ · x · 2026-10-07

Per Bloomberg (via Techmeme), Moonshot AI has closed its final private funding round at a $50B valuation.

The company is targeting a Hong Kong IPO in Q1 2027 to raise up to $5B—one of the highest valuations among Chinese LLM startups and a first step toward public markets among China's "AI Six Tigers."

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