Moonshot AI reportedly valued at about $50 billion, may seek Hong Kong IPO in early 2027

Bloomberg reports Moonshot AI closed a private funding round valuing it at about $50 billion and is preparing for a potential Hong Kong IPO in the first quarter of 2027. CTech, citing Bloomberg, says the valuation is up from $31.5 billion in an earlier round and Moonshot is considering raising as much as $5 billion. The timetable is not final and could change.