Could this AI-fueled surge propel Telegram to IPO glory—or will legal storms sink it before liftoff?
Key Highlights:
- Telegram lands a $300M+ cash and equity deal with Elon Musk’s xAI to integrate Grok, sending TON soaring 16%.
- A $1.5B bond raise at 9% yield stokes IPO rumors—but CEO Pavel Durov’s legal troubles in France cast a dark shadow.
Yello, Paradisers! Telegram just dropped its biggest flex yet: an exclusive AI distribution deal with xAI and a $1.5 billion high-yield bond raise that finally pushed the platform into profit territory. CEO Pavel Durov called it a “platform-defining moment,” and investors are already dreaming of a future IPO.
But here’s the chilling twist: Durov remains under judicial supervision in France, facing 12 charges, barred from leaving the country, and blocked from even meeting U.S. investors. Analysts warn that while Telegram’s financials now look shiny, its legal cloud could turn this surge into a spectacular implosion.
Will AI Subscriptions Stick—Or Will the Grok Deal Backfire?
Beyond the flashy numbers, Telegram’s new Grok integration raises real questions. Will AI subscribers flood in, or will xAI struggle to deliver? Could regulators crack down on the data layer despite Durov’s public assurances? And if Musk stumbles, what happens to the promised $300 million?
For now, investors seem willing to price in the risks, but Telegram’s path to IPO or long-term dominance is far from guaranteed.
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