Wall St Engine(@wallstengine):MOONSHOT AI SEEKS UP TO $5B IN HONG KONG IPO Chinese AI startup Moonshot is considering raising $3B-$5B in a Hong Kong IPO as soon as this year, Bloomberg reports. The company has already filed confidentially and added Bank of America as overall coordinator alongside CICC, Deutsche Bank and Goldman Sachs. Moonshot was recently valued at $35B after a $3.5B funding round and is also seeking pre-IPO capital at a $50B pre-money valuation. The Alibaba- and Tencent-backed startup launched its Kimi K3 model in July.

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Wall St Engine@wallstengine

2026.09.04 13:24

MOONSHOT AI SEEKS UP TO $5B IN HONG KONG IPO Chinese AI startup Moonshot is considering raising $3B-$5B in a Hong Kong IPO as soon as this year, Bloomberg reports. The company has already filed confidentially and added Bank of America as overall coordinator alongside CICC, Deutsche Bank and Goldman Sachs. Moonshot was recently valued at $35B after a $3.5B funding round and is also seeking pre-IPO capital at a $50B pre-money valuation. The Alibaba- and Tencent-backed startup launched its Kimi K3 model in July.