Wall Street banks, including Morgan Stanley (NYSE:MS), Bank of America, and Barclays (LON:BARC), are gearing up to sell a substantial portion of debt holdings in X, the social-media platform controlled by Elon Musk,

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.

Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.

Elon Musk’s email to X employees reveals the company, which faces serious revenue issues and stagnant user growth, is barely breaking even. Musk, who completed the $44 billion takeover of Twitter in 2022,

Elon Musk has admitted to the financial woes of his social media platform X. In an email to employees this month, Musk said that X is barely breaking even amid stagnant user growth and unimpressive revenue.

(Reuters) - Michael Grimes, a technology banker with Morgan Stanley, is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.

Elon Musk warns X staff of stagnant user growth and revenue challenges while banks plan to sell $13 billion in X debt.

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.

We recently published an article titled Jim Cramer Discusses These 18 Stocks & President Trump’s $500 Billion AI Plan. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the other stocks Jim Cramer recently discussed.

Wall Street banks are getting ready to sell $3 billion of debt tied to Elon Musk’s 2022 purchase of X, formerly known as Twitter, as per a recent report by The Wall Street Journal.

Musk's email highlighted that despite X's influence in shaping national conversations, its financial performance has not met expectations.