Musk’s xAI Closes $5 Billion Debt Deal Despite Modest Demand

Catenaa, Thursday, June 19, 2025- Elon Musk’s artificial intelligence startup xAI is set to raise $5 billion through a complex debt offering led by Morgan Stanley, despite lukewarm interest from major investors and heightened risk premiums, according to sources familiar with the transaction. The debt package includes a floating-rate term loan, a fixed-rate loan, and […] source: https://investors.catenaa.com/news/musks-xai-closes-5-billion-debt-deal-despite-modest-demand