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Moonshot AI

Foundation model labs · CN

Moonshot AI was valued at $50B as of 6 October 2026 (reported). Source: Bloomberg, Moonshot Said to Eye Early 2027 IPO After Value Hits $50 Billion (final private round closed at about $50B; up from $31.5B earlier in the summer).

Beijing lab behind the Kimi K-series open weights; Kimi K3, released in July 2026, goes near toe-to-toe with the leading closed models on some benchmarks.

Valuation
$50B
Confidence
reported
As of
6 October 2026
Layer
Foundation model labs
Signal
Kimi · $1B ARR
Website
moonshot.ai

Relationships (4)

Moonshot AI backed by

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Valuation history on the map

DateMarkChange
7 October 2026$50B+150.0%
27 July 2026$20B

Daily snapshots began 27 July 2026. Public companies move with the market every weekday.

Notes

Beijing lab behind the Kimi K-series open weights; Kimi K3, released in July 2026, goes near toe-to-toe with the leading closed models on some benchmarks. Closed the final round of private fundraising at about $50B and is heading for a Hong Kong IPO in the first quarter of 2027, considering raising up to $5B in the deal; a round earlier in the summer had valued it at $31.5B, so the mark has nearly doubled twice this year from the $20B May round. Annual recurring revenue is about $1B and reported on track to double by December. Bank of America is overall coordinator with CICC, Deutsche Bank and Goldman Sachs as sponsors, and the filing is confidential. Backers include Alibaba, Tencent and 5Y Capital. The mark is `reported`, not verified: it is a Bloomberg figure of about $50B from people familiar, with no company release and no filing behind it. Chinese regulators are reported to have opened a data-security probe into both Moonshot and DeepSeek, which adds uncertainty to the listing timetable. An ownership dispute is live ahead of the listing and executives are now in settlement talks over it: Recurrent.ai and some of its investors accuse CEO Yang Zhilin and CTO Zhang Yutao of misleading investors and profiting at Recurrent's expense, and seek compensation equal to 10.5% of Moonshot's original shares - more than $700M against the roughly $30B June round. The claim has been in Hong Kong arbitration since 2024, with a tribunal formed in 2025, and Recurrent's backers are also weighing separate action in the Cayman Islands; Moonshot's counsel has called the case baseless and Yang denies unjust enrichment. One person familiar says it is not expected to jeopardise the IPO, but an unresolved fight raises governance and disclosure questions (Reuters, 2026-10-12).

Sources

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Last updated 7 October 2026. Follow Moonshot AI in any feed reader to hear when its valuation moves.

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