Moonshot AI Kimi Maker $50 Billion Valuation Pre-IPO Funding Talks

The Kimi chatbot maker just closed a $31.5 billion round and is already eyeing a Hong Kong listing this year.

Moonshot AI, the startup behind the Kimi chatbot, is negotiating the new pre-IPO round.
Bloomberg reported the talks on July 21, 2026, targeting up to $50 billion.
The prior round, just closed, valued Moonshot at $31.5 billion.

Why it matters: A valuation set days before a public listing is chosen by the sellers, not the market.

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