Morgan Stanley has unveiled a $5 billion debt financing initiative for xAI, which aims to secure a valuation of up to $113 billion through a $300 million stock offering. Earlier this year, in March, xAI acquired Musk's social media venture, X, at an $80 billion valuation. Presently, xAI is engaged in discussions with investors to raise approximately $20 billion for the integrated business. Furthermore, Musk has resigned from his role in the Trump administration, announcing that he will rededicate his efforts to Tesla.