Catenaa, Monday, March31, 2025- Elon Musk has sold social media platform X to his artificial intelligence firm xAI in an all-stock deal, valuing xAI at $80 billion and X at $33 billion, the billionaire announced Friday.  The move comes as Musk faces renewed legal pressure after a U.S. judge rejected his bid to dismiss a […]

Catenaa, Monday, June 02, 2025- Elon Musk’s xAI is launching a $300 million share sale that values the group at $113 billion, The Financial Times reported on Monday. The report quoting sources said the deal will allow staff to sell shares to new investors, validating the pricetag struck when Musk’s xAI start-up acquired his social […]

Catenaa, Thursday, May 29, 2025-Telegram is seeking to raise $1.5 billion through a bond issuance, just days after securing a $300 million partnership deal with Elon Musk’s artificial intelligence firm xAI, according to the Wall Street Journal. The bond offering will reportedly include contributions from existing backers BlackRock and Abu Dhabi’s Mubadala, with Citadel expected […]