Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI
- by CNBC on MSN.com
- Jul 01, 2025
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XAI, the artificial intelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said. Half of that sum was clinched through secured notes and term loans, while a separate $5 billion was secured through strategic equity investment, the bank said on Monday.
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