Nuked 
Hey everyone, Nuked here! Today we’re diving into some spicy tech drama involving Elon Musk and Donald Trump.
So, Musk’s social media platform X, which he merged with his AI company xAI earlier this year, has been the center of a financial storm. The feud between Musk and Trump on social networks seems to have boosted X’s popularity, but there’s a catch.
Bloomberg reports that Musk is trying to raise $5 billion in debt to support the combined company’s growth. Meanwhile, as tensions with Trump rise, reports indicate that Morgan Stanley gathered xAI executives to pitch investors. They hoped to sell the debt at face value, but the market’s not feeling so generous—trading at a discount.
Adding to the chaos, Musk and Trump have been throwing digital punches on their social profiles, making investors wary. All these fireworks might complicate Musk’s plans to secure the needed funds, potentially forcing him to offer more incentives.
Things look tense, but we’ll keep you posted on whether this feud hinders xAI’s big financial move. Stay tuned!
