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🚨 Elon Musk Raises $5B in High-Yield Debt for xAI 💸 #XAI #ElonMusk #AIinfra
According to Bloomberg, Musk is issuing $5 billion in debt via Morgan Stanley for xAI, with some bonds offering up to 12% yields 😳
Funds will support a massive data center in Memphis, expanding his AI infrastructure push.
🧠 On top of that, Musk also raised $650M for Neuralink and sold $300M of xAI shares via secondary sale.
Musk is going all in on AI, brain-tech, and compute! 🔥
#Aİ #DebtMarkets
According to Bloomberg, Musk is issuing $5 billion in debt via Morgan Stanley for xAI, with some bonds offering up to 12% yields 😳
Funds will support a massive data center in Memphis, expanding his AI infrastructure push.
🧠 On top of that, Musk also raised $650M for Neuralink and sold $300M of xAI shares via secondary sale.
Musk is going all in on AI, brain-tech, and compute! 🔥
#Aİ #DebtMarkets
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