The firm cited upcoming production milestones for the Cybercab, Semi, and Optimus as key drivers behind its revised valuation.
A check of the company’s Careers website shows 30 open positions tied to the Cybercab project, with 25 focused directly on vehicle manufacturing.
City officials confirmed that the funds will be reinvested in local neighborhoods near xAI’s Colossus supercomputer.
The electric vehicles, which currently shuttle visitors between key destinations on the Strip, could soon extend service all the way to the airport.
