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Elon Musk, Wall Street
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,
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.
Fellow American billionaire calls Elon Musk’s political activities ‘insane s***’
Bill Gates has hit out at fellow billionaire Elon Musk and denounced his political activities as “insane s***.” The Microsoft CEO and philanthropist, who went to Mar-a-Lago last month for a three-hour dinner with President Donald Trump,
Elon Musk, X
Elon Musk told staff X is ‘barely breaking even’, reports say
Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had previously been given to users of notoriety and journalists. On Tuesday, the company’s CEO Linda Yaccarino announced a new deal with Visa for peer-to-peer payments on X.
X 'barely breaking even,' Musk reportedly emailed staff
Since his takeover of then-Twitter in 2022, Mashable has reported that X's user base has declined, fleeing for alternatives like Bluesky, especially after the 2024 U.S. presidential election. Advertisers have been no different, with the trend of companies removing ads on X expected to continue this year.
Elon Musk email to X staff: ‘we’re barely breaking even’
Ever since Elon Musk closed his deal to buy Twitter he’s claimed the company, now called X, is in “a very dire situation from a revenue standpoint.”
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Elon Musk Lackeys Have Taken Over the Office of Personnel Management
Sources tell WIRED that the OPM’s top layers of management now include individuals linked to xAI, Neuralink, the Boring ...
1d
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 ...
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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 ...
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Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...
Wall Street Journal
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Spotlight on Elon Musk, Trump’s ‘First Buddy’
Elon
Musk
’s quarter of a billion dollars in support for Donald ... But folding the world’s richest man into Trump World ...
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on MSN
Elon Musk's DOGE Is Hiring People Eager to 'Work Long Hours' to Eliminate 'Waste, Fraud and Abuse' in the Government. Here's How to Apply.
The Department of Government Efficiency is hiring U.S. citizens to help cut spending and headcounts in the federal government ...
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on MSN
Elon Musk’s business conflicts draw scrutiny amid White House role
Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the ...
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on MSN
Pennsylvania elected official resigns after she made a gesture similar to Elon Musk's controversial gesture
A local elected official in Montgomery County, Pennsylvania, has resigned after coming under fire for a social media post.
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