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…
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…