Miles Kruppa / The Information:

Morgan Stanley says xAI raised $5B of equity in addition to $5B in debt; the company raised $6B in December from a16z and others  —  Elon Musk's xAI raised $5 billion of equity in addition to $5 billion in debt, according to Morgan Stanley, which advised on the debt transactions.

Miles Kruppa / The Information:

Morgan Stanley says xAI raised $5B of equity in addition to $5B in debt; the company raised $6B in December from a16z and others  —  Elon Musk's xAI raised $5 billion of equity in addition to $5 billion in debt, according to Morgan Stanley, which advised on the debt transactions.

Source: TechMeme
Source Link: http://www.techmeme.com/250701/p4#a250701p4