xAI’s risky 12.5% bond deal shows market doubts after Musk-Trump fallout and mounting debt load

Musk-Trump feud sinks company cash plans

The 12.5% yield on xAI's $3B Notes signals high risk, down from a $20B cash raise, amid financial strain post-Musk-Trump spat. xAI's $33B X Corp buy (plus $12B debt) & Memphis turbine issues & pressure. No profit, 3-4 mo cash burn suggest market doubt. https://t.co/Ld3I22UuEw

— The Coastal Journal (@1CoastalJournal) June 26, 2025

See also Trump hits Japan and South Korea with 25% tariffs Trade letters posted online with no warning Markets drop after tariff letters go live

See also A massive 696,000 Americans lost jobs in May, marking the second-largest decline since 2020. Household survey shows deeper employment struggles.