Elon Musk’s AI venture, xAI, is preparing to raise roughly $20 billion through a combination of equity and debt, with Nvidia playing a central role in the funding structure and chip supply. According to data-analytics-id=”inline-link” href=”http://www.bloomberg.com/news/articles/2025-10-07/musk-s-xai-nears-20-billion-capital-raise-tied-to-nvidia-chips” target=”_blank” data-url=”http://www.bloomberg.com/news/articles/2025-10-07/musk-s-xai-nears-20-billion-capital-raise-tied-to-nvidia-chips” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none”>Bloomberg, the funds are being split between $7-$8 billion in new equity and as much as $12 billion in debt, routed through a special-purpose vehicle that will purchase Nvidia GPUs and lease them out to xAI. Nvidia itself is believed to be investing up to $2 billion into the equity portion, according…
