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AI News from ET - Morgan Stanley markets $5 billion for Elon Musk-owned xAI in loans, bonds, sources say

Vishwadeep Khatri
in AI News & Two Lenses

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Morgan Stanley is marketing $5 billion xAI debt with floating and fixed rate options amid an ugly public dispute between the AI firm's owner, Elon Musk, and US President Donald Trump. xAI has also been in talks to raise $20 billion equity funding, with valuation discussed as high as $200 billion.

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