US EditionMusk Taps Investors for Billions Days After Washington Exit
- As of early June 2025, Elon Musk is raising $5 billion through debt issuance for his AI company xAI to support general corporate activities.
- This sale follows Musk's announcement last week that he would step back from politics after months advising President Donald Trump.
- Morgan Stanley is managing the offering, which includes a floating-rate term loan priced about 7 percentage points above benchmark and senior secured notes yielding roughly 12%.
- The debt sale has attracted demand exceeding $3.5 billion and could support expansion of Musk’s Memphis data center Colossus, which currently runs 200,000 GPUs and aims to add one million more.
- Musk’s pivot from politics to business signals his focus on growing his enterprises and fundraising across ventures like Neuralink, which recently raised $650 million.
21 Articles
21 Articles
Tesla founder Elon Musk is promising to put politics aside. But saving the battered brand could be difficult, experts say. However, they agree on one important step that could help.
Days after exit from politics, Elon Musk taps investors for $5 billion debt funding for xAI, $650 million for Neuralink
Elon Musk is raising $5 billion in debt for xAI Corp. to fund AI infrastructure, with Morgan Stanley managing the debt sale. He is also looking for $650 million for Neuralink.
Hastings Tribune
Musk taps investors for billions days after Washington exit
Elon Musk is selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series of fundraising efforts across his business empire as the billionaire pivots away from politics and returns to running his various…
Musk Taps Investors for Billions Days After Washington Exit
Elon Musk is selling $5 billion in debt for his artificial intelligence startup, xAI Corp., the latest in a series of fundraising efforts across his business empire as the billionaire pivots away from politics and returns to running his various companies.
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