Telegram, Elon Musk and xAI
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In a significant financial advancement for the communication and technology sector, Telegram has successfully raised $17 billion through the issuance
The messaging app, with over 1 billion users, plans to use $955 million to buy back bonds and the remaining $745 million for growth.
Telegram is set to bring Grok AI to over a billion users, its CEO Pavel Durov has announced Read Full Article at RT.com
Telegram raised $1.7 billion from convertible bonds that it will use to retire existing debt and lengthen the maturity of its debt.
BlackRock is participating in a $1.5 billion bond raise by the Telegram messenger after joining its first bond sale in 2021, the WSJ reported.