Funding

MiniMax raises $2B through share and bond sales

MiniMax pricing

MiniMax raised $2B via combined share and bond sales, funding continued open-weight model development.

SiliconANGLE and Crypto Briefing (2026-07-09/10) reported MiniMax raising $2B through share and bond sales.

Funding context for its open-weight release strategy and low published token rates. No rate change was confirmed on the pricing page this run.

From MiniMax's pricing timeline
Lineup refresh: M2→M2.7, Music 3.0, MCP + server-tool billing; API-vlm cut to $0.01/call

Live USD international card: flagship MiniMax-M3 and MiniMax-M2.7 at $0.30/M in / $1.20/M out (cache read $0.06), M3 >512k and M2.7-highspeed at $0.60 / $2.40; M1/M2/M2.5 moved to 'Legacy Models.' Music 3.0 launches at $0.15/track (free tier at RPM 3). New per-call surfaces: MCP API-vlm cut $0.06→$0.01/call (effective 2026-07-22) and server-tool web_search at $0.01/request, both deducting from Token Plan quota then Credits. Token Plan held at $20/$50/$120 with a '2× tokens' revamp (up to ~12.5B tokens/month).

About MiniMax
minimax.io ↗

MiniMax prices three surfaces: consumer apps (Talkie companion, Hailuo AI video), monthly Token Plan subscriptions, and a pure per-token API — all on one international USD card.

Pricing model pure usagefreemium
Billing units tokensseatscreditscharactersvideosimagesmedia minutesrequests
Sales motion self serveplg
Free tier
Yes
Commits
None
Transparency
public
Full MiniMax breakdown Plans, meters, and history Estimate your MiniMax cost Model usage and overages

MiniMax pricing history

  1. Jul 2026
    Lineup refresh: M2→M2.7, Music 3.0, MCP + server-tool billing; API-vlm cut to $0.01/call
  2. Jun 2026
    Live snapshot: Token Plan $20–$120, M2/M3 API $0.30/M, Hailuo media units
  3. May 2026
    MiniMax-M3 ships as new flagship (frontier coding, 1M context, multimodal)
  4. Jan 2026
    Hong Kong IPO raises about $619M
  5. Oct 2025
    MiniMax-M2 launches at $0.30/M in, $1.20/M out
Full MiniMax timeline

More MiniMax activity

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