Elon Musk’s xAI enhances debt proposal as investors approach deadline.
The updated package now comprises $3 billion in bonds carrying a yield of 12.5%, a $1 billion fixed-rate term loan also at 12.5% interest,…
Musk’s xAI Negotiating for $4.3 Billion in Equity Financing
Elon Musk’s artificial intelligence venture xAI is negotiating to raise $4.3 billion through equity investment, building on the $5 billion it…
US President Donald Trump takes aim at Musk’s government support and contracts as their rivalry escalates.
US President Donald Trump has suggested eliminating Elon Musk’s government contracts and subsidies, intensifying the discord between the two…
Elon Musk’s AI venture poised to receive financial support from TPG.
TPG Angelo Gordon is a key investor in a debt package for Elon Musk’s AI startup, xAI Corp., according to sources familiar with the situation.…
Elon Musk’s xAI Targets $113 Billion Valuation Following Debt Sale Managed by Morgan Stanley, According to Reports
Elon Musk’s artificial intelligence initiative, xAI, is reportedly aiming for a $113 billion valuation in an upcoming share sale while…
Elon Musk’s daughter Vivian rocks 40-foot hair braid in Wildfang campaign
Elon Musk’s daughter Vivian Wilson scored her first fashion campaign with queer-owned brand Wildfang. Wildfang There’s a new model on the…