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Elon Musk and Trump conflict causes Morgan Stanley to face obstacles in selling xAI debt.
Gate News bot news, as Trump and Musk publicly "clash," Morgan Stanley faces obstacles in selling the debt of Musk's social media platform X's parent company xAI.
Sources say that the bank originally planned to sell the debt at 100% of its price (1 dollar 100 cents), but in June the price fell to around 95% (1 dollar 95 cents).
Source: TechinAsia