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Elon Musk, Wall Street
Wall Street hopes to get rid of a bad Elon Musk bet
Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s 2022 Twitter buyout.
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 wants to unwind a troubled Elon Musk investment
This story incorporates reporting from AOL.Wall Street banks are seeking to mitigate losses from the debt associated with Elon Musk’s acquisition of Twitter. In an effort to recover a portion of their investment,
11h
on MSN
X’s financials appear to be recovering as banks prepare for debt sale: report
Potential buyers are finally seeing some signs that X might be bouncing back after the platform reportedly suffered serious ...
2d
on MSN
Elon Musk’s ‘X Money’ Partners With Visa For Payments—Here’s What To Know About Venmo Rival
Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a ...
7d
on MSN
CEO of America's largest bank on fight with Elon Musk: We have hugged and made up
JPMorgan Chase CEO Jamie Dimon and Tesla CEO Elon Musk have resolved their past differences with a reconciliation at the ...
3d
on MSN
Musk reportedly tells X staff 'we're barely breaking even' as the big banks start getting antsy over their debt
Musk reportedly tells X staff 'we're barely breaking even' as the big banks start getting antsy over their debt When you buy through links on our articles, Future and its syndication partners may earn ...
8d
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.
3d
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 ...
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