Elon Musk's deteriorating relationship with Trump affects financing, Morgan Stanley seeks more buyers for xAI's $5 billion bond

According to a report by Golden Finance, due to the tense relationship between Elon Musk and US President Trump, Morgan Stanley is expanding its investor list to raise more buyers for the $5 billion bonds issued by its proxy company, xAI. At the beginning of the transaction, it attracted over $3.5 billion in subscriptions, which was expected to be oversubscribed by the market. However, as of Monday this week, demand has only barely reached the target level. To stabilize the transaction progress, Morgan Stanley has started contacting small lending institutions that were not previously invited to participate, reflecting that investors' attitudes towards the Musk project may undergo subtle changes due to political factors.