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Musk’s xAI in Talks for $20 Billion Funding, Aiming for $120 Billion Valuation
The launch of the fundraising follows the recent all-stock purchase of X (formerly Twitter) by xAI. That deal valued the social media site at $33 billion, while valuing xAI at $80 billion. The merger, ...
Wall Street banks sell final portion of Elon Musk's X debt, source says
A group of banks including Morgan Stanley, Bank of America, Barclays and Mitsubishi UFJ sold the final piece of debt tied to ...
Wall Street banks sell final portion of Elon Musk's X debt, WSJ reports
A group of banks including Morgan Stanley, Bank of America, Barclays and Mitsubishi UFJ sold the final piece of debt tied to ...
Wall Street Banks Sell Final Slug of Elon Musk’s X Debt
The loans sat on banks’ books for two-and-a-half years until the election of Donald Trump rapidly changed the company’s ...