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Will Musk vs. Trump affect xAI’s $5 billion debt deal?
While the online feud between Elon Musk and President Donald Trump seemed to drive traffic to Musk’s social media platform X (formerly Twitter), it could
That’s led to some awkward moments as Musk’s relationship with his former ally Trump seemed to disintegrate. In fact, The Wall Street Journal reports that on Thursday afternoon, Morgan Stanley had gathered xAI executives to pitch potential investors as Musk and Trump were posting angrily about each other on their respective social networks. Investors also reportedly said that due to declining prices, Morgan Stanley may need to offer additional incentives, such as an increased interest rate.
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