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 raised $1.7 billion from convertible bonds that it will use to retire existing debt and lengthen the maturity of its debt.
Telegram is set to bring Grok AI to over a billion users, its CEO Pavel Durov has announced Read Full Article at RT.com
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.
When compared to the revenue of other tech giants like Coinbase, Twitter, and Reddit, Telegram’s financial performance falls short. This, along with Durov’s legal issues and the company’s ...