Musk's xAI extends deadline and ups yield on bonds following lukewarm demand, source says
Cătălin Roșioru
Edition: Singapore Indonesia Asia US/UK NEW YORK :Elon Musk's xAi extended the deadline and increased the yield it is paying on a $5 billion debt sale following lukewarm reception from investors, a person with direct knowledge of the matter said on Friday. The deadline for investors to commit to buying into the deal, which includes bonds and loans, was extended from Tuesday to Friday, this person said, asking not to be named because the details of the deal were private. xAI also upped the yield
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