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Morgan Stanley (NYSE:MS) is marketing a $5 billion debt package to fund Elon Musk's xAI venture in a best-efforts deal after ...
A spokesperson for Morgan Stanley, the bank in charge of xAI’s debt sale, declined to comment. Mayer Brown, GWG's law firm, ...
Morgan Stanley is marketing a $5 billion package of bonds and two loans on behalf of billionaire Elon Musk-owned xAI, at the ...
Morgan Stanley is reaching out to a large pool of investors to strengthen demand for a $5 billion debt sale for Elon Musk's ...
The average yield-to-maturity on high-yield bonds ended at 7.6%. Musk’s AI company has to pay quite a bit higher because xAI ...
The blow-up between Elon Musk and Donald Trump could derail a $5 billion debt sale that Morgan Stanley launched earlier this week for Musk’s artificial-intelligence company, xAI. The funds are meant ...
Morgan Stanley (NYSE:MS ... which encompasses both—the AI startup and social media platform X, formerly Twitter. Besides the debt sale, xAI is reportedly in discussions to raise up to $20 ...
The average yield-to-maturity on high-yield bonds closed Monday at 7.6%, according to the ICE BofA High Yield Index. Musk's ...
While the online feud between Elon Musk and President Donald Trump seemed to drive traffic to Musk’s social media platform X (formerly Twitter), it could also create issues for the platform’s parent ...
now known as X. That deal forced a consortium of seven banks led by Morgan Stanley to provide $13 billion in debt. Following ...
Credit investors were particularly excited because it offered them a rare opportunity to get exposure to the AI industry, which is generally only accessible to equity investors ...