Quick Summary
- Telegram is selling the bond of 1.5 billion dollars to BlackRock, Citadel, and Mubadala.
- The bonds bear an interest of 9 percent and will capitalize on buying back 2021 bond debts.
- Amid the lawsuits in France, CEO Pavel Durov does not slow down the rising activity of Telegram.
- Telegram Premium has more than 15M+ paid subscribers, and this number has more than doubled in a year.
- Telegram has declared a partnership of 1-year deal with xAI of Elon Musk to have Grok AI to its app.
- The agreement also contains the cash & equity investment of 300 million and a revenue-sharing plan.
In June, Durov made a visit to Dubai, stating:
Telegram to Raise 1 1/2 Billion on Bond Issue
As a daring financial transaction, Telegram will issue a debt announced as a $1.5 billion bond offer, which will include such investment giants as BlackRock, Citadel and Mubadala. These five-year securities will provide 9 per cent returns to the investors as The Wall Street Journal reported and will assist Telegram to buy back debts based on the 2021 bond issuance.
In spite of the fact that its CEO Pavel Durov is now under legal attack in France over the moderate difficulties of Telegram, investors are not losing hope. Durov has been banned to leave the country, though this case did not slow down the platform and its development.
The CEO of Telegram Pavel Durov Weighs in on the Development
Pavel Durov, too, shared an optimistic vision of the performance of the platform as he wrote on X:
“Telegram Premium currently has more than 15 million paying clients. It has more than doubled after a single year.”
This expansion highlights the success of Telegram in sustaining user activities and monetization.
Telegram x xAI: Grok AI Poised to the App
In a turn that is already stirring waves in the tech and the crypto sectors, Telegram has declared the collaboration with Elon Musk’s xAI of 1 year. In the course of this collaboration:
- The Grok AI would be applied to the Telegram cell phone application and it will make powerful AI tools accessible to its billions of users.
- xAI will be investing in Telegram to the tune of $300 million in cash and equity.
- A fifty per cent revenue sharing model will mean that Telegram will be able to share directly in the subscription of Grok AI on the site.
This news makes Telegram a strong competitor in the expanding simultaneously-based messaging world.
What’s Next? Durov Trolls More Announcements
Durov wrote in an ambiguous video clip:
“Going to Dubai this June. Will be great news.”
Amid the legal background, his words have aroused interest in updates or even some sort of power moves.
The Bigger Picture: The Way of Telegram
- Investor Trust: Support of companies such as BlackRock is an indication of institutional support.
- AI Integration: Telegram integrates Grok AI which makes it more of a smart messaging app.
- Revenue: Monetization, Subscription services, and AI revenue sharing may add considerable revenue size.
Telegram has also shown twofold approaches to strengthen its financial side and move forward in its technologies, and this move can be such a stroke that may re-establish the evolution of messaging applications in 2025 and even further.