
The Bridge Chronicle
June 18, 2025 at 11:37 AM
*Elon Musk’s xAI Nears $9.3 Billion Equity + Debt Deal*
Musk's AI company xAI is poised to secure a massive $9.3 billion funding round—comprising $5 billion debt and $4.3 billion equity—to fuel its AI infrastructure and data-center expansion amid burning ~$1 billion a month. Despite political noise and environmental scrutiny, investor demand remains solid, valuing xAI around $80–113 billion.
🔗 https://www.thebridgechronicle.com/tech/elon-musk-xai-9-3-billion-equity-debt-deal
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