NEW YORK] Elon Musk’s xAi extended the deadline and increased the yield it is paying on a US$5 billion debt sale following lukewarm reception from investors, a source with direct knowledge of the ...

The average yield-to-maturity on high-yield bonds ended at 7.6%. Musk’s AI company has to pay quite a bit higher because xAI ...

NEW YORK (Reuters) -Elon Musk's xAi is increasing the yield it is offering on a $5 billion debt raise led by Morgan Stanley, ...

Elon Musks xAI is raising $5 billion in debt, increasing the yield on its $3 billion bond offering from 12% to 12.5%. Its ...

Elon Musk has promised that his AI business, xAI, will help to revolutionize society. Before it can do that, however, the ...

The rate at which the company is bleeding cash provides a stark illustration of the unprecedented financial demands of the ...

Elon Musk’s AI startup xAI is in talks to finalise $4.3 billion in new equity funding and has plans to raise another $6.4 billion in capital for the next year, the company has told investors, ...

Elon Musk's AI startup, xAI, is reportedly spending $1 billion a month due to soaring costs of building advanced AI models ...

Citi nudged Morgan Stanley's price target up to $130, citing revived capital markets optimism and strong wealth management performance. Citi noted Morgan Stanley’s wealth unit remains a "steady engine ...

A spokesperson for Morgan Stanley, the bank in charge of xAI’s debt sale, declined to comment. Mayer Brown, GWG's law firm, ...