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Morgan Stanley markets $5 billion financing for Elon Musk's xAI amid controversy with Trump. Explore the implications for AI ...
Morgan Stanley is marketing a $5 billion package of bonds and two loans on behalf of billionaire Elon Musk-owned xAI, at the ...
Hybrid loan-and-bond package offers a fixed 12% coupon and is part of a 'best efforts' deal, according to report.
The effort may be a sign of what's to come for Elon Musk's companies following his rift with President Donald Trump.
Elon Musk's AI startup xAI expects to earn over $13 billion annually by 2029, according to projections shared by its banker, ...
Elon Musk’s xAI aims high with a $5 billion loan and $113 billion valuation, highlighting the startup’s rapid rise in the ...
The firm is investing in a loan that is part of a debt offering for xAI, which Morgan Stanley started pre-marketing in recent ...
Neuralink & xAI expedite fundraising after Musk's DOGE divestment. Learn how these ventures are securing capital post-shakeup ...
Cash-strapped beauty platform Good Glamm Group did not pay wages for the second month in a row. This and more in todays ...
At the time of the deal in March, Musk said that xAI was valued at $80 billion while X was valued at $33 billion.
Elon Musk's xAI pursues a $5.3B funding round, with a $5B debt package via Morgan Stanle, to fuel further AI development and ...
Elon Musk is selling US$5 billion in debt for his artificial intelligence (AI) start-up, xAI, the latest in a series of ...