Regulation - Page 71

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Elon Musk’s xAI Raises $10B as Trump Sparks Spending Feud with DOGE Joke

July 2, 2025
Elon Musk’s artificial intelligence startup, xAI, has reportedly secured $10 billion in combined debt and equity funding. The massive capital raise signals growing investor confidence in next-generation AI ventures. According to CNBC, investment banking firm Morgan Stanley reported that approximately $5 billion of the total funding was raised through strategic equity investments, while the remainder
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