Elon Musk's X and xAI plan to fully repay $17.5 billion in debt — Bloomberg

LootboxPhobia · 2026-03-02T20:24:14+00:00

According to Bloomberg, Elon Musk's social network X and artificial intelligence company xAI will fully repay approximately $17.5 billion in debt. Morgan Stanley has notified the lenders that both companies will settle their outstanding debts, with the source of funds not yet disclosed. This repayment plan is synchronized with Musk's business integration and IPO plans.

LootboxPhobia

2026-03-02 20:24:14

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Investing.com – According to Bloomberg News, citing sources familiar with the matter, approximately $17.5 billion in debt related to Elon Musk’s social network X and AI startup xAI will be fully repaid.

Morgan Stanley, which handled debt financing for the two companies, informed existing lenders that they will repay the outstanding debt, the sources said. Due to confidentiality, they requested anonymity. The sources added that the funding sources have not been disclosed. xAI raised $20 billion in new equity funding in January.

X (formerly Twitter) took on about $12.5 billion in debt during Musk’s acquisition, while xAI borrowed $5 billion through bonds and loans in June. The two companies merged under xAI Holdings last year.

This repayment plan comes as Musk seeks to consolidate his businesses and take them public. SpaceX acquired xAI last month, turning it into a subsidiary, with plans to build data centers in space. The combined business is currently valued at $1.25 trillion.

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