
Morgan Stanley is shopping a $5 billion debt package for the 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 AI company xAI Corp. According to a report in Bloomberg, quoting sources familiar with the matter, this marks another fundraising effort by the world’s richest man Elon Musk across his business ventures. Launched on Monday (June 2), the debt package reportedly comprises…