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.
Text messages show Elon Musk rejected a dinner invite from Nicolai Tangen, head of Norway's oil fund, and lectured him on how to be a better friend.
JPMorgan Chase CEO Jamie Dimon and Tesla CEO Elon Musk have resolved their past differences with a reconciliation at the World Economic Forum, where Dimon expressed admiration for Musk's enterprises.
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.
Exclusive: Mike Tully’s wife ‘threatened him with divorce’ if he relocated for work, according to a previously unreported federal lawsuit obtained by The Independent
Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.
We discuss how the billionaires surrounding Trump in DC could shape America's future in a collaboration ... Here's what we know so far. Texts show Elon Musk rejected a dinner invite from Nicolai ...
Bank of America has seen relatively strong performance ... Banks are getting ready to sell billions of dollars in debt borrowed by Elon Musk’s X, bringing Wall Street a step closer to exiting ...
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 ...
Last summer, the firm helped strike down a $56 billion pay deal for Musk that would now be valued at around $100 billion after Tesla’s stock soared last year.
Musk reportedly tells X staff 'we're barely breaking even' as the big banks start getting antsy over their debt When you buy through links on our articles, Future and its syndication partners may earn a commission.