Morgan Stanley Forecasts $13 Billion Revenue for xAI by 2029

xAI’s ambitious plans for growth have been revealed, as Morgan Stanley forecasts the company to generate $13 billion in annual revenue by 2029. This bold financial projection, accompanied by a significant debt issuance of $5 billion, reflects xAI’s ambitious vision under Elon Musk’s leadership. The venture has secured strong backing from Morgan Stanley, which played a key role in structuring the debt offering.