Investment Details
As of Apr 7, 2024
Limited Availibility
Projected Return
2.1-3.9x*
(*MOIC)
Minimum Investment
USD 25'000
Investment Horizon
5-10 years
Currency
USD
Instrument
Structured Product, SSPA Tracker-Certificate (Code 1300)
Issuer
MISP AG, Zug, Switzerland
Issuer UID
CHE-392.560.573
CH-ID
CH-170-3046582-2
Entry Valuation
USD 38 billion
Setup Fee
1.25%
Admin Fee
2% p.a.
Performance Fee
20%
Lockup Period
5 years, or 6 months after IPO
Factsheet
Historical performance and/or return estimations/predictions do not guarantee current and future performance. The value of the investment may rise or fall at any time up to the complete loss of the invested capital. Please review the risk section in this product's official term sheet before investing.
Performance Simulator
Simulated Growth
CHF 100,000
Simulated Return
Unlocking the future
xAI
Invest in Elon Musk new AI venture
X.AI Corp, operating as xAI, is an American startup company founded by Elon Musk in March 2023. The company unveiled Grok, an AI chatbot integrated with X, which aims to compete with other AI technologies like ChatGPT.
Reimagining AI
"X.AI, Elon Musk's new venture, is poised to challenge the status quo in AI with its groundbreaking advancements. We could witness a shift in the AI landscape soon."
By merging state-of-the-art AI developments with a relentless pursuit of innovation, X.AI presents an enticing prospect for investors looking to engage with the cutting edge of artificial intelligence.
Pioneering AI Advancements
X.AI is pioneering cutting-edge AI research & development. The company has developed Grok, an advanced chatbot with real-time internet knowledge and a unique personality. X.AI has assembled a team of top talent from leading AI labs to drive its technological prowess.
Prime Synergies
X.AI is poised to become the central AI platform powering Elon Musk's other high-profile ventures, including X (formerly Twitter), Tesla, and Neuralink. By leveraging the resources and expertise across these companies, X.AI is uniquely positioned to drive transformative AI innovations that can be seamlessly integrated into Musk's ecosystem.
Visionary Ambitions
Elon Musk's vision for X.AI extends beyond current offerings, aiming to build a "good AGI" that can help "understand the true nature of the universe." By establishing X.AI as a separate entity, Musk has created a dedicated platform for his AI-focused ambitions, collaborating with other Musk-led enterprises to drive progress.
Why we're investing
Investing in X.AI offers a unique opportunity to be at the forefront of AI innovation led by Elon Musk. The company's strategic alignment with Musk's top-tier ventures like X, Tesla, and Neuralink creates a powerful ecosystem for driving transformative AI solutions. With a focus on artificial general intelligence (AGI) and a track record of technological excellence, X.AI presents investors with the potential to participate in groundbreaking advancements that could reshape industries and redefine the future of AI.
1
Access to the "Muskonomy"
Investing in X.AI offers the opportunity to participate in Elon Musk's revolutionary vision for the future of artificial intelligence, with exposure to his unrivalled portfolio of companies, such as X, Neuralink, Tesla, SpaceX, forming one of the most powerful ecosystems as a basis for integration.
2
Potential for disruptive innovation
Despite being a newcomer in the AI landscape, X.AI's development of Grok, an LLM (Large Language Model), signifies its ambition to disrupt conventional AI applications. Grok's integration with X’s data offers real-time insights, potentially revolutionizing how users engage with social media content.
3
Utilization of valuable data sources
X.AI leverages data from both Twitter and Tesla, tapping into extensive repositories of information. This access provides a unique advantage, enabling the company to develop AI solutions with rich datasets, particularly in areas such as natural language processing and autonomous driving technology.
4
Fast-paced development
Less than a year since its inception, xAI boasts a staggering valuation of USD 20 billion. The company is actively engaged in a major fundraising effort to fuel the rapid progress of its technology and swiftly establish itself as a leading AI player.
5
Strategic positioning
With Musk's track record of innovation, evidenced by Grok's rapid development, the caliber of his team and strategic use of existing resources, xAI demonstrates tremendous agility in product development and scaling.
Rapidly Expanding Investor Base
X.AI has attracted investments from notable venture capital firms such as DCM Ventures, FirstMark Capital, IA Ventures, Lerer Hippeau, and Pegasus Tech Ventures. At the time of writing, X.AI has already secured USD 500 million of its USD 1 billion funding target.
"Grok is modeled on 'The Hitchhiker's Guide to the Galaxy.' It is supposed to have 'a bit of wit,' 'a rebellious streak' and it should answer the 'spicy questions' that other AI might dodge."
Grok is an advanced chatbot that stands out for its real-time internet knowledge and unique personality. This AI-powered assistant has been designed to handle a wide range of queries, including those with a touch of humor and personality, setting it apart from traditional chatbots. Grok's ability to access and process information from the internet in real-time gives it a competitive edge in providing accurate and up-to-date responses to user inquiries.
Milestones
July 2023
X.AI founded to accelerate AI discovery.
November 2023
X.AI introduces its AI chatbot, "Grok".
December 2023
Launch of PromptIDE, for AI model interpretability.
December 2023
X.AI files for $1 billion equity offering.
Grok: The Next-Gen AI Chatbot
Grok stands out with its innovative features, such as its "Fun Mode" and "Regular Mode" for varied tones, catering to user preferences. Integrated directly into the X platform, Grok ensures seamless interaction, enhancing user experience. The recent 1.5 version introduces advancements in language traits, making it versatile across applications.
Valuation Comparables
Artificial intelligence. EV/EBITDA (2021-2023)The Investment Structure
Swiss SSPA Tracker-Certificate (Code 1300)
The average ticket size in private markets is usually between USD 1-5M. Moonshot uses structured products to split the investment size into smaller pieces, making them accessible to individual investors. Our tracker certificate follows the price movement of the assets and allows investors to gain investment exposure.
Issuer Collecting Service
HFWM AG collects payments from the issuer (e.g. interests, sales proceeds) and forwards funds to the investor.
Investor Collecting Service
HFWM AG collects payments from the investors (via debt collection agreement) and forwards funds to the issues.
Issues tracker certificates, AMC, etc. and holds the securities (underlying) for the investor.
Securities
Capital
Investment Process
Click on "Start investing"
Initiate the investment process by clicking on the "Start investing" button. Our process is completely digital and takes only a minute to complete. Make sure you have a digital passport copy ready for us.
Follow the process
During the process, you will be asked to confirm your personal details or define the investment party, e.g. if you're investing via a legal structure such as a company or SPV. The investment amount can be fined during the process.
Receive payment details
Once you have completed the investment process you will automatically receive payment details from our issuer or debt collector. Please make sure you use the payment reason we have defined in the email.
Pay & receive confirmation
As soon as your investment has been registered we will send you the investment confirmation via e-mail as well as physical mail and enter your investment to our securities registry.
Track investment
After your first investment is placed you will be able to follow it on your personalised investor dashboard.
What if you require unexpected liquidity?
Potential for liquidity
Moonshot acts as a “match-maker” via the in-house “Bulletin Board” should an investor require early liquidity.
The auto-adjusted return will be added to your securities (shares/bonds/certificates) as a default base-price finding in our investor network of over 10,000 active investors.
Important notice: Liquidity is not provided or guaranteed by Moonshot. Secondary offerings are only supported once Moonshot's primary offering has been closed and the minimum holding period has passed.
Performance
New valuations are published every quarter, semester, or year (as applicable). If available, Moonshot reviews and analyzes financials for its members.
Liquidity
We can quickly find a new buyer for your shares, should you require unexpected liquidity. Moonshot acts as a "match-maker" via the in-house "Bulletin Board”.
Insights
Know what’s going on before everyone else does. We keep you posted, as much as you like.
Questions?
Rely on our experienced team, which has decades of experience in private banking and has worked for some of the largest financial institutions in the world.
We are happy to help you find a suitable investment for you.
