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

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 came from secured notes and term loan financing. The fresh capital injection is expected to bolster xAI’s ability to expand its infrastructure and advance the development of its Grok AI chatbots, as the company positions itself to compete more aggressively in the artificial intelligence space, The post Elon Musk’s xAI Raises $10B as Trump Sparks Spending Feud with DOGE Joke first appeared on The Shib Daily source: https://news.shib.io/2025/07/02/elon-musks-xai-raises-10b-as-trump-sparks-spending-feud-with-doge-joke/