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Moonshot exceeds USD 300 million ARR at USD 31.5 billion pre-money valuation

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News brief

On 2026/7/3, Baijiahao reported that China’s Moonshot had exceeded USD 300 million ARR, with APIs contributing more than 70% of revenue. Its pre-money valuation rose to USD 31.5 billion, compared with USD 20 billion in the previous round.

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  1. baijiahao.baidu.com ↗Published Jul 3, 2026
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

2026年7月3日,据百家号报道,中国月之暗面Moonshot ARR突破3亿美元,API贡献超过70%的收入;公司投前估值升至315亿美元,上一轮估值为200亿美元。