Elon Musk's xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, ...

A spokesperson for Morgan Stanley, the bank in charge of xAI’s debt sale, declined to comment. Mayer Brown, GWG's law firm, ...

The average yield-to-maturity on high-yield bonds ended at 7.6%. Musk’s AI company has to pay quite a bit higher because xAI ...

The $5 billion debt sale, which includes a floating-rate term loan, a fixed-rate loan and secured bonds, will be allocated to ...

Elon Musk’s artificial intelligence firm xAI is reportedly in talks to raise $4.3 billion in a new equity investment round.

Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the ...

Elon Musk’s artificial intelligence startup xAI Corp. lured enough investors to its $5 billion debt deal by offering sweeter ...

Roughly 200 advisors at the firm are being named "founder specialists" for their track record helping entrepreneurs do ...

Investors rally behind AI challenger with $5bn debt orders and $4.3bn equity push as Musk seeks edge over OpenAI.

Elon Musk’s artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of the ...

Citing the usual anonymous people familiar with the matter, Bloomberg writes that the $500 million that xAI will earn this ...