While the online quarrel between Elon Musk and President Donald Trump seemed Make traffic towards Musk X’s social media platform (Formerly Twitter), he could also create problems for the parent company of the XAI platform.
Musk Mergé X and XAI Earlier this year, with Bloomberg Reporting this week that he sought to raise debts of $ 5 billion (as well as A $ 300 million has declared a secondary sale) to finance the combined company.
This led to difficult times because Musk’s relationship with his former Trump ally seemed to disintegrate. Actually, Wall Street Journal reports that Thursday afternoon, Morgan Stanley had gathered Xai leaders to present potential investors while Musk and Trump were Post with anger on each other on their respective social networks.
Morgan Stanley would have hoped to sell the debt about 100 cents on the dollar, but a merchant told WSJ that he was negotiating 95 cents on the dollar sometimes on Thursday. Investors would also have said that because of the drop in prices, Morgan Stanley may need to offer additional incentives, such as an increased interest rate.
