Moonshot AI closes final private round at ~$50B valuation, targets Hong Kong IPO

China's Moonshot AI has closed its final private funding round at a valuation of about $50 billion. The company is targeting a Hong Kong IPO in Q1 2027 and aims to raise up to $5 billion.

• Moonshot AI closed its final private round at a ~$50B valuation
• IPO planned in Hong Kong for Q1 2027
• The listing aims to raise up to $5B