Last mentioned: 1d ago
Anticipated SpaceX IPO
SpaceX prepares for a landmark initial public offering following balance sheet cleanup.
Debt Repayment Plan
Morgan Stanley informs lenders of the plan to repay $17.5 billion in debt in full.
SpaceX-xAI Merger
SpaceX acquires xAI for $250 billion to integrate AI with orbital infrastructure.
Series E Funding
xAI raises $20 billion in a Series E round to bolster capital reserves.
xAI Acquires X
xAI acquires the social media platform X, inheriting $12 billion in existing debt.
Elon Musk is moving to settle $17.5 billion in debt across X and xAI, following a massive $250 billion merger between SpaceX and xAI. The strategic deleveraging is widely viewed as a precursor to a landmark SpaceX initial public offering later this year.