Funding

Moonshot AI plans a Hong Kong IPO within six months after the Kimi K3 debut

Moonshot AI pricing

Moonshot AI is seeking investor approval to begin an IPO process, targeting a Hong Kong listing within six months following the Kimi K3 model launch.

Yahoo Finance and Investing.com (2026-07-19) reported Moonshot AI’s plan to list in Hong Kong within six months of the Kimi K3 debut; The Information (2026-07-20) reported it is seeking investor approval to begin the IPO process.

An IPO track typically ends the deepest-discount phase of token pricing as margin disclosure begins. Moonshot’s model-line launch and rate move captured this run are logged separately.

From Moonshot AI's pricing timeline
moonshot-v1 sunset on August 31 retires context-as-a-meter

Moonshot's model-pricing overview now describes the Moonshot V1 family as the 'classic generation model series; full platform sunset expected on August 31', ending the mechanic that charged different per-token rates for the same model by context window ($0.20/$2.00 at 8k up to $2.00/$5.00 at 128k). The legacy Kimi K2 0711/0905/Turbo and K2 Thinking models have also disappeared from the card. Migration is not price-neutral: moonshot-v1-128k users move down to Kimi K2.5 at $0.60/$3.00 with double the context, while moonshot-v1-8k users lose the cheapest input rate on the platform and land on a 3× higher one.

About Moonshot AI
platform.moonshot.ai ↗

Moonshot AI prices two surfaces from its Kimi platform: a tempo-named consumer assistant ($0 Free to $199/mo Vivace) and a per-token developer API.

Pricing model pure usagefreemium
Sales motion self serveplg
Free tier
Yes
Commits
None
Transparency
public

Moonshot AI pricing history

  1. Jul 2026
    moonshot-v1 sunset on August 31 retires context-as-a-meter
  2. Jul 2026
    Kimi K3 launches at $3.00/$15.00 — a new price ceiling
  3. Jun 2026
    Live snapshot: two-track Kimi pricing reconstructed
  4. Apr 2026
    Kimi K2.6 raises prices 58% — a pre-IPO commercialization signal
  5. Feb 2026
    Kimi K2.5 adds vision + agent swarm; deep cache discount
Full Moonshot AI timeline

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