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Wall Street banks sell $5.5B of X loans
Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report
Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site formerly known as Twitter.
Banks sell down $5.5 billion of Musk's X debt to investors, source says
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 acquisition of Twitter, now called X, in 2022, said a source with knowledge of the deal.
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.
Morgan Stanley-led banks sell $5.5B of X debt, xAI stake in play - reports
Banks including Morgan Stanley, Bank of America, and Barclays offered a deal to investors seeking minimum commitments in the hundreds of millions.
Tesla, Elon Musk
Tesla Stock Fell. California Might Be Turning Against Elon Musk.
Investors are looking for evidence Musk’s politics are hurting Tesla. It’s hard to find, but California might be turning against Musk—slowly.
Elon Musk on AI, China, Tesla and Succession Planning
Tesla CEO Elon Musk spoke at The Wall Street Journal's CEO Council Summit in London on topics such as doing business in China and AI's impact on elections. Photo: John Scrivener for The Wall Street Jo
Elon Musk promises to Make Tesla Great Again. Investors are buying it – for now
In many ways, these have been tough days for Tesla. Falling sales. Squeezed profit margins. Proposed changes in US government policy that could cost the company billions.
6h
Elon Musk’s DOGE Reportedly Accesses Federal Workforce’s Personal Data: Here’s What To Know About DOGE
DOGE has gained access to government employees' sensitive information via the Office of Personnel Management, payment systems ...
New York Magazine
21h
The DOGE Rampage Is Also a Bailout for Elon Musk
Elon Musk’s incursion into the federal government is unprecedented. It’s also pretty good news for his companies.
22h
'Out of order!' House GOP panel shoots down Democrats' call to subpoena Elon Musk over DOGE
The heated exchange early in a House Oversight hearing about "Rightsizing Government' leads to Democrat protests that Musk is ...
Healthcare Dive
2h
Elon Musk’s DOGE gains access to CMS
The CMS said it’s working with the Department of Government Efficiency to find “opportunities for more effective and ...
Crooks and Liars
1d
President Musk's Poll Numbers Are Almost As Bad As Yambo's
Fifty-two percent of registered voters have an unfavorable view of Musk, while just 39% view him favorably, according to new ...
8h
Wall Street Breakfast Podcast: MicroStrategy Rebrands, Doubles Down On Bitcoin
MicroStrategy rebrands as Strategy with 15% BTC yield target for 2025. Tesla fell to its lowest level of 2025. China files WTO complaint over Trump's 'discriminatory' tariffs.
1d
Elon Musk’s DOGE takeover of Treasury payments systems is already racking up legal challenges. Here’s what to know
A lawsuit filed Monday seeks to halt the ‘unlawful disclosure of information,’ including Treasury data on Americans’ taxes ...
Intelligencer on MSN
2d
Elon Musk May Have Your Social Security Number
The billionaire and his DOGE agents were granted full access to the Treasury’s federal payments system, and nobody knows to ...
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