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Musk, Wall Street and Bank of America

New York Post on MSN · 3d

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.

EconoTimes · 2d

Wall Street Banks Plan to Sell $3 Billion of Elon Musk’s X Debt

Wall Street banks, led by Morgan Stanley, are preparing to sell up to $3 billion in debt tied to Elon Musks social media platform X, previously known as Twitter. Sources revealed that Morgan Stanley bankers have

techtimes · 2d

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.

Wall Street banks prepare to sell 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 people with knowledge of the matter said on Friday.

TechCrunch on MSN · 2d

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,

5hon MSN

Musk reportedly tells X staff 'we're barely breaking even' as the big banks start getting antsy over their debt

T ech billionaire Elon Musk has been a public figure for decades, but has enjoyed an outsized profile in recent years, not a ...

Elon Musk Addresses X’s Financial Struggles as Banks Offload $13 Billion Debt

In a recent internal email to employees, Elon Musk, CEO of X, acknowledged the platform's ongoing financial challenges.

1d

Elon Musk writes to X employees, says company 'barely breaking even'

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

11hon MSN

X facing big financial problem? Here's what Elon Musk told his employees in an email

Elon Musk, world's richest man, has sent an email to his employees working with X and expressed concerns about the financial ...

The Express Tribune3d

Elon Musk tells X staff: "We’re barely breaking even" amid revenue struggles

Elon Musk warns X staff of stagnant user growth and revenue challenges while banks plan to sell $13 billion in X debt.

newsbytesapp.com2d

Elon Musk admits X's financial struggles in email to staff

Elon Musk has admitted to the financial woes of his social media platform X. In an email to employees this month, Musk said ...

The Financial Express2d

Elon Musk highlights X’s ‘stagnant growth’ and ‘unimpressive revenue’ in email to employees

The Wall Street Journal reports that banks are planning to sell part of the $13 billion in debt they gave Musk to buy Twitter ...

Musk e-mail warns of ‘severe revenue problems’ at X

In an e-mail to X employees, quoted by The Wall Street Journal, Elon Musk has said that the social network is facing serious ...

2h

Diameter, Darsana Snapped Up Major Share of $1 Billion of X Debt

Diameter Capital Partners and Darsana Capital Partners were among firms that snapped up a major chunk of $1 billion of debt ...

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