Elon Musk is raising $5 billion in debt for his artificial intelligence startup, xAI Corp., marking the latest in a string of fundraising moves across his business empire as he shifts focus from politics ... shares of Tesla (NASDAQ:TSLA), where Musk ...

Elon Musk's xAI Corp. is seeking $5 billion in debt financing, with Morgan Stanley managing the offering, to fuel its AI infrastructure expansion, including a massive data center in Memphis. This move comes as Musk shifts focus back to his businesses after a period of political involvement.

TheStreet. After demonstrating strong resilience and rising steadily in May 2025, Tesla (TSLA) stock is off to a difficult start for June. CEO Elon Musk finally did what many experts have advocated for and shifted his focus away from Capitol Hill and back to his companies.

On May 24, X experienced a major global outage, with Musk acknowledging “major operational improvements” were urgently needed and that failover systems “should have worked, but did not.” Musk publicly declared on X “Back to spending 24/7 at work and sleeping in conference/server/factory rooms.

Teslas long-rumored $25,000 electric vehiclewidely referred to as the Model 2remains in limbo more than a year after CEO Elon Musk publicly denied reports of its cancellation. According to a Reuters investigation,

Elon Musk reportedly knowingly lied on Twitter to halt a Tesla stock nosedive, and President Donald Trump wants all cars and car parts built in the U.S.

That’s a bull’s take, but not one the majority of Wall Street analysts share; TSLA stock only claims a Hold consensus rating, based on a mix of 16 Buys, 10 Holds and 11 Sells. Going by the $282.70 average price target, a year from now, shares will be changing hands for an 18% discount. (See TSLA stock forecast)

The billionaire also spearheaded Trump's so-called Department of Government Efficiency, charged with cutting federal spending, which generated controversy