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Elon Musk's xAI Seeks $5 Billion In Debt, Faces Lukewarm Demand — Even With 12% Yields On The Table: Report
Wednesday, June 18, 2025 - 3:16am | 1052Elon Musk’s AI venture, xAI, is reportedly on the brink of securing a $5 billion debt raise, led by Morgan Stanley, despite modest investor interest. What Happened: The $5 billion debt offering—comprising a floating-rate term loan, a fixed-rate loan, and secured bonds—is scheduled to be...