📰 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://t.co/eYVEOyMQKf