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 ...

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 ...

Banks are preparing to sell off debt used to help Elon Musk purchase X as the tech tycoon tells employees the company is ...

According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and ...

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 ...

The banks had initially planned to sell about $3 billion worth of loans, Reuters reported last month. In November, Reuters ...

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

Despite falling 4.51% over the last five days, Elon Musk's Tesla has surged 108.50% over last year, making it over 4x ...

Bank of America and Barclays are two other big lenders that ... sold $1bn of debt to several investors in private deals. Elon Musk and President Donald Trump attend an event together on January ...

The world's richest man, now firmly embedded in the Trump administration, has lost over $11 billion since the start of the ...

Wall Street banks are preparing to sell up to $3 billion in debt linked to X, Elon Musk's social ... WSJ is lying,” Musk said. Morgan Stanley, Bank of America, and Barclays were among the ...