The sales mark a surprising turnaround for what had initially been seen as an ill-fated financing of Musk's 2022 takeover of ...
Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...
Pimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing ...
Morgan Stanley kicked off another large sale of X Corp debt, seizing on investors’ sudden embrace of the social media platform owned by billionaire Elon Musk due to his close ties to the White House.
New York | London | Wall Street banks saddled with debt from Elon Musk’ s $US44 billion takeover of Twitter sold large chunks ...
Banks are preparing to sell off debt used to help Elon Musk purchase X as the tech tycoon tells employees the company is ...
Banks have successfully made an upsized sale of some of X’s debt to the tune of $5.5 billion, as interest in politically influential owner Elon ...
Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk's $44 billion ...
Wall Street banks are preparing to sell up to $3 billion in debt linked to X, Elon Musk's social media platform. Morgan Stanley has contacted investor ...
According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and ...
The Treasury Committee, a cross-party group formed of 11 members, wrote to banks including Barclays, HSBC, Lloyds and ...