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Musk's xAI to raise up to $12 billion in debt for AI expansion, WSJ reports

Summary by Reuters

Elon Musk's artificial intelligence startup xAI is working with a financier to secure up to $12 billion more for its expansion plans, the Wall Street Journal reported on Tuesday, citing people familiar with the situation.

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Kronen Zeitung

Right

Musks Xai Wants $12 Billion Fresh Money

According to a newspaper report, the AI company xAI of the billionaire Elon Musk needs a further billion dollars in capital. The company wants to collect 12 billion dollars to finance its expansion plans, wrote the "Wall Street Journal" on Tuesday, citing insiders. The financial investor Valor Equity Partners, whose founder Antonio Gracias maintains a close relationship with Musk, negotiates with potential lenders. The funds should be spent on t…

15 hours ago·Vienna, Austria

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El Pais

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Musk Squeezes His Companies to Capture New Funds for His Ai and Shoot Value

Elon Musk once again appeals to the investment community for his ambitious industrial and technological projects. The richest man in the world has in place various financial operations linked to his participating companies to trigger their value and attract new funds, both in the space industry and artificial intelligence (AI), which has become a strategic pillar of his plans. Continue reading

18 hours ago·Spain

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CNBC

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OODA Loop

Center

AI startups raised $104 billion in first half of year, but exits tell a different story

AI accounted for nearly two-thirds of all fundraising deal value in the first half of 2025, with the bulk of those dollars concentrated in a few companies.

1 day ago·United States

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