
Elon Musk’s xAI nears $9.3bn equity and debt deal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s artificial intelligence company xAI is nearing a $9.3bn debt and equity deal, as investors looked past the billionaire’s spat with President Donald Trump that had complicated the capital raising efforts. Investors have placed…