Elon Musk's AI Gamble: A $6 Billion Sweetener Fuels X Corp's Debt Strategy

In a striking financial maneuver, X Corp, the parent company of Twitter now owned by Elon Musk, has initiated a debt offering potentially reaching up to $13 billion. This strategic move, taking place amidst an influx of $6 billion earmarked for artificial intelligence, marks a bold expansion of Musk's ambitions within the tech sector. The financing package is not only substantial but reflects Musk’s broader vision to drive forward AI technology while strengthening the company's financial footing.

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