Moonshot AI closes its final private round at about $50B, Bloomberg reports
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What happened
Moonshot AI closed the final round of its private fundraising at a valuation of about $50 billion, Bloomberg News reported on October 6, 2026, citing people familiar with the matter. The company was heading toward an initial public offering in early 2027, which the Japan Times version of the Bloomberg story placed in Hong Kong in the first quarter. The reports did not state how much was raised, who invested, or whether the $50 billion figure was pre- or post-money.
Figures for the previous round differ. The Japan Times text put a round this summer at $31.5 billion, while earlier research notes on this event, citing the same Bloomberg story, recorded a July round at $35 billion. According to the Japan Times text, people familiar with the matter said Moonshot was considering raising up to $5 billion in the IPO, had filed confidentially, and had added Bank of America as overall coordinator alongside China International Capital, Deutsche Bank and Goldman Sachs. The same text put annual recurring revenue at about $1 billion, up from $300 million in June, and said the timing might still change.
Our database records this as a Series G announced on 2026-10-06, with no amount or post-money disclosed.
Key points
- Moonshot AI closed its final private round at a valuation of about $50 billion, per people familiar with the matter.12
- The prior summer round was put at $31.5 billion in the Japan Times text and at $35 billion in July in earlier research notes.2
- An IPO was targeted for early 2027; the Japan Times text cited Hong Kong, the first quarter and up to $5 billion.12
- Annual recurring revenue was about $1 billion, up from $300 million in June.2
- Moonshot had filed confidentially, with Bank of America as coordinator and China International Capital, Deutsche Bank and Goldman Sachs as sponsors.2
Why it matters
About $50 billion is the latest private price for Moonshot, set after a summer round reported at $31.5 billion or $35 billion depending on the source. With the amount raised and the investors undisclosed, the size of the round cannot be judged.
A reported confidential filing, a named bank group and an early-2027 Hong Kong target describe a path to a listing for early holders. The people cited said the timing might still change.
Annual recurring revenue of about $1 billion, against $300 million in June, is the revenue base the reported valuation rests on, as relayed by people familiar with the matter.
In context
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Angel round | Jun 13, 2023 | $300M | $200M | Unknown |
| Series A+ | Feb 20, 2024 | $2.5B | $1.0B | Alibaba |
| Series B | Aug 5, 2024 | $3.3B | $300M | Unknown |
| Series C | Dec 2025 | $4.3B | $500M | IDG Capital |
| Funding round | Feb 2026 | $10B | $700M | 九安医疗 (Jiuan Medical) and 五源资本 (5Y Capital) |
| Series F | Jul 29, 2026 | $35B | $3.5B | National AI Industry Investment Fund |
Updated
Fact-check
- Moonshot AI closed its final private round at a valuation of about $50 billion.Supported by the [1] Bloomberg and [2] Japan Times headlines ('after value hits $50 billion') and the event data, which records the close of the final private round per Bloomberg. Both pages returned HTTP 403 to the checker, so the body text was not re-read. Not confirmed by the company.Verified
- Moonshot was heading toward an IPO in early 2027.Stated in the [1] Bloomberg and [2] Japan Times headlines ('eye early 2027 IPO').Verified
- The IPO was targeted for Hong Kong in the first quarter of 2027, with up to $5 billion under consideration, and the timing might still change.From the writer's reading of [2] The Japan Times; the page returned HTTP 403 to the checker. The early-2027 timing matches both headlines; Hong Kong, the first quarter and the $5 billion size were not re-confirmed.Partly verified
- The previous round this summer valued Moonshot at $31.5 billion; earlier research notes recorded $35 billion in July.Sources differ. The writer read $31.5 billion in [2] The Japan Times text, which the event research evidence also gives; the event's checked versions record $35 billion in July, citing [1] and [2]. Neither page could be re-read (HTTP 403), so the post names both figures.Partly verified
- Annual recurring revenue was about $1 billion, up from $300 million in June.From the writer's reading of [2] The Japan Times, attributed to people familiar with the matter and to earlier Bloomberg reporting; not re-confirmed because the page returned HTTP 403.Partly verified
- Moonshot filed confidentially, with Bank of America as overall coordinator and China International Capital, Deutsche Bank and Goldman Sachs as sponsor banks.From the writer's reading of [2] The Japan Times, citing people familiar with the matter; not re-confirmed because the page returned HTTP 403.Partly verified
- The amount raised, the investors and the pre- or post-money basis were not disclosed.The event research evidence says the amount, investors and pre/post basis were not disclosed in the Bloomberg report, and the event's round record has no amount or post-money.Verified
- The round was reported on October 6, 2026.[1] Bloomberg and [2] The Japan Times are both dated October 6, 2026.Verified
Sources
- [1]Bloomberg (opens in a new tab)Moonshot AI Said to Eye Early 2027 IPO After Value Hits $50 BillionMoonshot AI Said to Eye Early 2027 IPO After Value Hits $50 Billion
- [2]The Japan Times (opens in a new tab)Moonshot said to eye early 2027 IPO after value hits $50 billionMoonshot said to eye early 2027 IPO after value hits $50 billion
