Moonshot AI reportedly valued at $50B after final private round, eyes early-2027 Hong Kong IPO; Kling also picks IPO banks
Bloomberg reported on Oct 6, 2026 that Moonshot AI (maker of Kimi) closed a final private round valuing it at about $50B and is aiming for a Hong Kong IPO in early 2027. The same day Bloomberg reported that Kuaishou's AI video unit Kling picked banks for a $1B+ Hong Kong IPO in 2027 at a ~$15B valuation. Together with DeepSeek's reported $12B+ raise, it marks a wave of Chinese AI labs preparing to list.
Key facts
- Moonshot AI: ~$50B valuation, IPO targeted for Q1 2027 in Hong Kong (Bloomberg, sources)
- Kling (Kuaishou): banks picked for a $1B+ Hong Kong IPO in 2027; ~$15B valuation (Bloomberg, sources)
What happened
Two Bloomberg reports on Oct 6, both citing people familiar with the plans: Moonshot AI's last private round valued it at about $50B ahead of a planned Hong Kong listing in early 2027, and Kling picked banks for a $1B+ IPO. Details come from the Techmeme summaries; the Bloomberg articles are paywalled and were not read in full.
Changelog
- 2026-10-06: created
Related events
- DeepSeek nears $12B+ funding round led by Tencent and CATL ahead of an early-2027 IPO (Bloomberg) ★★★★
Sources (2)
- pressBloomberg: Moonshot said to eye early-2027 IPO after value hits $50 billion
- pressBloomberg: China AI video startup Kling picks banks for $1 billion-plus IPO
id: 2026-10-06-moonshot-50b-valuation-ipo-plan · updated 2026-10-06 · open in the interactive timeline