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Musk's xAI Adjusts Debt Issuance Terms Amid Investor Deadline
1 week ago /
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Author：小编
xAI Corp. has introduced more attractive pricing options for its $5 billion debt issuance, comprising $3 billion in bonds offering a 12.5% yield, $1 billion in fixed-rate loans at 12.5%, and an additional $1 billion in Class B loans. Initially, Morgan Stanley halted its solicitation for the deal due to tensions between Musk and Trump, coupled with financial uncertainties. Nevertheless, following the adjustment of terms and an increase in equity financing, the transaction has regained momentum and is now poised to move forward.
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