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X, Wall Street and Bank of America
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
The banks hope to sell senior debt at 90-95 cents on the dollar, while retaining more-junior holdings, the people said. The banks just sold approximately $1 billion of debt in a p
Wall Street banks prepare sale of up to $3 billion in X loans next week, 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 Elon Musk, two sources with knowledge of the matter said on Friday.
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 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge,
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,
Wall Street banks set to sell billions of dollars of X loans, WSJ reports
Wall Street banks are preparing to sell a big portion of debt holdings in social media platform X, the Wall Street Journal reported on Friday, citing people familiar with the matter. Bankers at Morgan
techtimes
4h
X Is Barely Breaking Even According to Elon Musk and Banks Are Making Their Move to Sell
Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.
2d
on MSN
Musk casts doubt on Trump-backed Stargate project: 'They don't actually have the money'
Elon Musk has cast doubt on whether there is enough funding to follow through on a massive $500 billion artificial intelligence infrastructure project announced by President Donald Trump on Tuesday.
7d
on MSN
Capital One says a ‘technical issue’ is affecting some customers’ ability to get money
A “technical issue” of a third-party vendor that Capital One uses is affecting some of the bank’s customers to access ...
3d
Musk: ‘They don’t actually have the money’ for Trump-touted Stargate project
Tech billionaire Elon Musk voiced doubts about President Trump’s newly announced infrastructure plan for artificial ...
Hosted on MSN
4d
Gen X: This Is What You Shouldn’t Do With Your Money Before Trump Takes Office
With a new administration coming into power, it's often people's first instinct to think about their finances. Gen X, as the ...
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