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Elon Musk's xAI Seeks $5 Billion In Debt, Faces Lukewarm Demand — Even With 12% Yields On The Table: Report
benzinga.com/markets/tech/25/06/45989796/elon-musks-xai-seeks-5-billion-in-debt-faces-lukewarm-demand-even-with-12-yields-on-the-table-report
Elon 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…
This story appeared on benzinga.com, 2025-06-18 07:16:05.