Elon Musk's X And xAI Move To Repay $17.5 Billion Debt In Full Ahead Of SpaceX IPO: Report
Elon Musk's social media platform X and AI venture xAI are reportedly planning to fully repay about $17.5 billion in debt.
Debt Repayment Plan Signals Balance Sheet Overhaul
Morgan Stanley (NYSE:MS) has been informing lenders regarding both companies’ intention to repay the debt, Bloomberg reported on Monday, citing people with knowledge of the matter.
As per the report, xAI's $3 billion in high-yield bonds will be paid ...
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