A group of banks led by Morgan Stanley is preparing to sell as much as 3 billion of senior secured debt backing Musk’s 2022 buyout of the company. The valuation of X, formerly known as Twitter, is being boosted by a previously undisclosed stake of about 6 billion in xAI Corp., Musk’s AI startup, according to people with knowledge of the matter. https://www.bloomberg.com/news/articles/2025-01-27/x-debt-shopped-with-6-billion-sweetener-from-elon-musk-s-ai-bet