Musk: Bloomberg's report on xAI burning $1 billion a month is false
Jun 18, 2025 15:37:56
Share to

ChainCatcher news, Bloomberg previously reported that Elon Musk's artificial intelligence startup xAI is trying to raise $9.3 billion through debt and equity financing, as it is burning $1 billion a month. Musk denied this and called the report "nonsense."
Latest News
Binance will launch the Bitway Booster program, with a minimum investment of 165 points.
ChainCatcher
Jan 12, 2026 21:59:34
JPMorgan no longer expects the Federal Reserve to cut interest rates and anticipates a rate hike in 2027
ChainCatcher
Jan 12, 2026 21:55:40
ALT5 Sigma still holds approximately 7.28 billion WLFI and will explore the integration of the stablecoin USD1
ChainCatcher
Jan 12, 2026 21:53:35
The US Dollar Index DXY fell more than 0.5% during the day, currently reported at 98.68
ChainCatcher
Jan 12, 2026 21:47:37












