xAI increases yield offering for $5B debt raise amid modest investor interest: report

  • Elon Musk's xAI is upping the yield on offer on a $5 billion debt raise being led by Morgan Stanley to attract investors amid modest demand, according to a Reuters report citing a source with knowledge of the matter. xAI has offered to pay a 12.5% yield on $3 billion in bonds, the source told the publication.