Morgan Stanley is shopping a $5 billion debt package for world's richest man Elon Musk, here's what it is for

Morgan Stanley is reportedly arranging a $5 billion debt package for Elon Musk's xAI Corp to support general corporate purposes, including its Memphis data center, Colossus. This follows reports of xAI raising $300 million through a stock sale and seeking $20 billion in funding. Additionally, Musk's Neuralink Corp.

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