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Wall Street, X and 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 up to $3 Billion in X Loans Next Week, Sources Say
(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. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
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.
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 ...
3d
on MSN
Elon Musk Is ‘Our Einstein’, JPMorgan’s Jamie Dimon Says, As Billionaires’ Beef Comes To An End
Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a ...
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 ...
7h
on MSN
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 ...
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.
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.
7d
on MSN
Elon Musk Is on Track to Become a Trillionaire in Two Years
The world’s richest man and Donald Trump ’s “First Buddy” Elon Musk is expected to hit the $1,000,000,0000,000 milestone even earlier, by 2027. The combined wealth of the world’s richest people surged ...
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.
32m
Sanctioned North Korean arms makers find new cover in Russia’s shadow
A North Korean company started marketing its products with a reference to lessons learned in Russia's fight against Ukraine.
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