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Story summary
- Bankers are developing a financing plan to reduce the $18 billion debt of xAI.
- The debt accrued from Elon Musk's acquisition of Twitter and the creation of xAI.
- Morgan Stanley is expected to lead the financing efforts with other major banks.
- The plan aims to ease burdens before SpaceX's anticipated IPO later this year.
- Musk envisions AI data centers in space and a Moon manufacturing base, despite recent xAI staff departures.
