Elon Musk, X

X Debt Shopped With $6 Billion Sweetener From Elon Musk’s AI Bet
Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential buyers: a claim on the social-media platform’s stake in Elon Musk’s artificial intelligence venture.
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.
Elon Musk email to X staff: ‘we’re barely breaking even’
The Wall Street Journal reports banks are close to selling some of the $13 billion in debt they took on while helping Musk buy Twitter in 2022.
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.
Elon Musk’s X is getting into the payments business
X’s deal with Visa, the largest U.S. credit card network, was announced by CEO Linda Yaccarino and will be dubbed X Money Account.
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,
Elon Musk and His Allies Storm Into Washington and Race to Reshape It
The billionaire and his Silicon Valley associates landed in the capital and immediately moved to cut the size of the federal ...
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 ...
Elon Musk told staff X is ‘barely breaking even’, reports say
Banks are preparing to sell off debt used to help Elon Musk purchase X as the tech tycoon tells employees the company is ...
Silicon Valley Deal Maker to Join Commerce Dept.
Michael Grimes, a top banker at Morgan Stanley, would become the latest leading tech figure to join the Trump administration, ...
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 billion in ...
Pimco, Apollo Among Funds Looking at Next $3 Billion of X Debt
Pacific Investment Management Co. is among asset managers looking at buying a portion of $3 billion of debt tied to Elon Musk ...
Morgan Stanley's Michael Grimes in Talks for Role in Trump Administration, WSJ Reports
(Reuters) - Michael Grimes, a technology banker with Morgan Stanley, is in talks to leave the bank for a position in U.S.