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X, Wall Street 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 prepare to sell up to $3 billion in X loans next week, 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.
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 of X, the social media platform formerly known as Twitter, according to people with knowledge of the matter.
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 set to sell billions of dollars of X loans, WSJ reports
Wall Street banks are preparing to sell a big portion of debt holdings in social media platform X, the Wall Street Journal reported on Friday, citing people familiar with the matter. Bankers at Morgan
Wall Street banks plan sale of X debt at a discount
Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge,
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
‘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 Daily Star
1d
Banks plan to sell $3 billion in X debt: report
Wall Street banks are getting ready to sell $3 billion of debt tied to Elon Musk’s 2022 purchase of X, formerly known as ...
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.
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.
2d
on MSN
Morgan Stanley prepares for $3 billion debt sale of Elon Musk's social-media platform - WSJ
Wall Street banks, including Morgan Stanley (NYSE:MS), Bank of America, and Barclays (LON:BARC), are gearing up to sell a ...
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