Elon Musk's xAI raises $5B each in new debt and equity: Morgan Stanley

6 days ago 1
xAI Grok, Gemini and OpenAI ChatGPT. Assorted AI mobile models

Billionaire Elon Musk's xAI has completed a $5B debt raise along with a separate $5B strategic equity investment, according to Morgan Stanley (NYSE:MS)

The $5B in debt consists of financing of secured notes and term loans, Morgan Stanley said in

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