Pimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing ...

Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...

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 ...

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 ...

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

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...

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.

Morgan Stanley, Bank of America, Barclays, X and Elon Musk did not immediately respond to requests for additional comment. Banks typically sell such loans to investors soon after a deal is done ...

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

Wall Street banks, led by Morgan Stanley, are preparing to sell up to $3 billion in debt tied to Elon Musks social media ...