Technology

⚡xAI To Repay USD 17.5 Billion Debt

By Team Latestly

Elon Musk’s X and xAI plan to repay USD 17.5 billion in debt early, according to reports. Managed by Morgan Stanley, the move follows SpaceX’s acquisition of xAI and a USD 20 billion funding round. The full repayment includes premiums for lenders and aims to streamline finances before SpaceX’s anticipated public offering.

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