According to sources familiar with the matter, after the merger of SpaceX and xAI, Elon Musk's consortium is formulating potential financing plans to reduce the high interest costs accumulated in recent years. Musk has accumulated nearly $18 billion in debt due to his acquisition of Twitter (now X Corp.) and its integration into xAI, as well as the establishment of an artificial intelligence development company. The financing deal, which has not yet been finalized, is expected to help alleviate the debt burden before the planned listing of the new entity later this year.
