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Morgan Stanley Facilitates $10 Billion Funding for Musk's xAI, Including $5 Billion Strategic Equity Investment
1 week ago /
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Author：小编
On June 30th, Morgan Stanley proudly announced the successful completion of a $5 billion financing package comprising guaranteed notes and term loans for xAI, an artificial intelligence venture spearheaded by Elon Musk. This transaction, which was met with overwhelming demand, attracted participation from esteemed global debt investors. Furthermore, xAI secured an additional $5 billion through strategic equity investment, culminating in a total fundraising amount of $10 billion.
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