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BUYOUT OFFER XAI
Elon Musk’s xAI offers to buy 418 homes near its Mississippi data centre amid noise complaintsResidents in Colonial Hills are considering buyout offers from xAI due to ongoing noise complaints. The energy demands of the AI data cente...- Musk’s SpaceX adds billions in debt while cutting interestElon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while loweri...
- SpaceX bankers prepare for bond sale of at least $20 billionSpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at least $20 billion. This move follows i...
- Musk’s xAI to buy back $3 billion of debt early in run-up to IPOThe company, which Musk recently combined with his rocket business SpaceX, is set to redeem its $3 billion of high-yield bonds at about 117...
- TCS Q1 beats expectations; VC-funded Probo under ED lensTCS reported a 6% growth in net profit for the June quarter, while revenue rose 1.3%. This and more in today’s ETtech Top 5.
- Wall Street banks sell final portion of Elon Musk's X debt, source saysMorgan Stanley and other banks have sold the remaining debt from Elon Musk's acquisition of Twitter, now known as X. The $1.2 billion in lo...
- Elon Musk’s X raises almost $1 billion in new equity fundingElon Musk’s social network X has raised close to $1 billion in new equity from investors in a deal that values the company at roughly $32 b...
- Know why US SEC is offering its staff $50,000 to resign or retireThe all-staff memo was sent by the US Securities and Exchange Commission's chief operating officer Ken Johnson on February 28. It offers a ...
- 'They want a divorce': Trump, Musk accuse media of 'trying to drive them apart' at first joint Fox News interviewDonald Trump and his wealthiest backer Elon Musk expressed gushing admiration for each other in a Fox News interview. Trump and Musk have a...
- Wingify’s secret sauce; IndiaAI GPUs red flagsHappy Tuesday! How Wingify founder Paras Chopra charted his own entrepreneurial path from bootstrapping his company to its sale. This and m...
- Elon Musk vs. Sam Altman: Billion-dollar feud, OpenAI takeover drama, and the future of AI power strugglesSam Altman and Elon Musk’s feud has taken a dramatic turn with Musk’s $97.4 billion bid to acquire OpenAI’s nonprofit arm. Altman rejected ...
- Elon Musk’s X debt: Bank consortium sells $5.5 billion of loans amid rising investor demandPimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing influence in the US...
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