Wall Street, Bank of America

Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
Wall Street Banks Set to Sell $3 Billion in X Loans, 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. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.
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.
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
Wall Street banks prepare sale of up to $3 billion in X loans next week, sources say
By Tatiana Bautzer and Saeed Azhar (Reuters) -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.
Elon Musk email to X staff: ‘we’re barely breaking even’
As Musk referenced in his email, the report says the banks hope to use the narrative of Musk’s link to Donald Trump, as some ...
X 'barely breaking even,' Musk reportedly emailed staff
Since his takeover of then-Twitter in 2022, Mashable has reported that X's user base has declined, fleeing for alternatives ...
From DEI to WFH: Here’s What to Expect From Elon Musk’s DOGE When It’s Fully Operational
There are already some signals about which government expenses could be on the chopping block for Elon Musk's DOGE.
SEC charges against Elon Musk rocked Wall Street — but is the tech CEO a victim of lawfare?
The charges even have an added advantage of driving a wedge between Trump’s new SEC chair, Paul ­Atkins, and his enforcement ...
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Elon Musk Getting More and More Unpopular, Now Disliked By Majority of Americans: WSJ Poll
A Wall Street Journal poll indicates that Elon Musk is becoming more unpopular in the public's eyes after taking over the ...
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In Leaked Email, Elon Musk Admits Defeat on Twitter
Twitter's financials are still looking pretty dire — as owner Elon Musk himself admitted in a January email to staff reviewed ...
'I admire a lot': Bill Gates praises Elon Musk's innovations, surprised by his foray into European politics
The Microsoft cofounder reflects on Musk’s achievements while expressing curiosity about his political commentary in Europe.
Elon Musk's ‘Department of Government Efficiency’ has a rough first week
As the first week of Trump’s second term gets underway, the not-quite-real Department of Government Efficiency is both ...
Elon Musk’s business conflicts draw scrutiny amid White House role
Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the ...