Morgan Stanley Completes $5 Billion Guaranteed Notes and Term Loan Financing for xAI

According to official sources reported by Jinse Finance, Morgan Stanley has announced the successful completion of a $5 billion secured note and term loan financing for xAI. At the same time, xAI has also separately secured a $5 billion strategic equity investment, bringing the total financing amount to $10 billion. The transaction was oversubscribed, attracting participation from globally renowned debt investors. The funds will be used to support xAI in developing cutting-edge artificial intelligence solutions, including building one of the world’s largest data centers and its flagship platform, Grok. The combination of debt and equity financing has reduced the overall cost of capital and significantly expanded xAI’s available capital pool, which is expected to enhance its competitiveness against rivals such as OpenAI.