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Wall Street, Bank of America
Wall Street banks to sell billions in loans given to Elon Musk for purchase of X
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are getting ready to sell billions of dollars in debt borrowed by Elon Musk’s X, bringing Wall Street a step closer to exiting the nerve-racking deal that financed the social-media company’s buyout.
Wall Street banks prepare sale of up to $3 billion in X loans next week, sources say
By Tatiana Bautzer and Saeed Azhar (Reuters) -Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said on Friday.
2h
on MSN
X facing big financial problem? Here's what Elon Musk told his employees in an email
Elon Musk, world's richest man, has sent an email to his employees working with X and expressed concerns about the financial ...
techtimes
2d
X Is Barely Breaking Even According to Elon Musk and Banks Are Making Their Move to Sell
Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.
3d
‘Debanking,’ and the Trump Diss Heard Around Davos
President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face ...
The Verge
2d
Elon Musk email to X staff: ‘we’re barely breaking even’
As
Musk
referenced in his email, the report says the banks hope to use the narrative of
Musk
’s link to Donald Trump, as some unnamed investors may be interested in buying based on a belief that ...
The Express Tribune
2d
Elon Musk tells X staff: "We’re barely breaking even" amid revenue struggles
Elon Musk warns X staff of stagnant user growth and revenue challenges while banks plan to sell $13 billion in X debt.
2d
Banks Prepare to Sell as Much as $3 Billion of X Buyout Debt
A group of banks led by Morgan Stanley is preparing to sell as much as $3 billion of senior debt tied to Elon Musk’s buyout ...
4d
Former Tesla executive sues Elon Musk’s company over remote work bait-and-switch that upended his life
Exclusive: Mike Tully’s wife ‘threatened him with divorce’ if he relocated for work, according to a previously unreported ...
4d
on MSN
Elon Musk's DOGE has a new target for cutting federal spending: the U.S. penny
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
1d
'Stagnant user growth, unimpressive revenue...' Elon Musk tells X employees in an email
Musk's email highlighted that despite X's influence in shaping national conversations, its financial performance has not met ...
6d
on MSN
Ramaswamy forced out of DOGE by Musk after calling US workers ‘mediocre,’ report says
Biotech entrepreneur and Vivek Ramaswamy will no longer co-lead the Department of Government Efficiency alongside Elon Musk.
6h
Musk’s DOGE Sets Up Conflict-of-Interest Clash for Billionaire
President Donald Trump’s executive order creating the Department of Government Efficiency makes billionaire Elon Musk subject ...
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