Elon Musk, Wall Street

Wall Street hopes to get rid of a bad Elon Musk bet
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 Twitter buyout. Morgan Stanley (MS) and Bank of America (BAC) are among the banks that plan to sound out investors in the coming days to buy portions of debt initially provided to Musk in 2022 to take over the social media
Wall Street wants to unwind a troubled Elon Musk investment
This story incorporates reporting from AOL.Wall Street banks are seeking to mitigate losses from the debt associated with Elon Musk’s acquisition of Twitter. In an effort to recover a portion of their investment,
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 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.
Fellow American billionaire calls Elon Musk’s political activities ‘insane s***’
Bill Gates has hit out at fellow billionaire Elon Musk and denounced his political activities as “insane s***.” The Microsoft CEO and philanthropist, who went to Mar-a-Lago last month for a three-hour dinner with President Donald Trump,
Tesla sales disappoint, but Elon Musk vows new cars ‘will be in the wild, with no one in them’
Tesla’s driver assistance software, known as full self-driving, or FSD, will see unsupervised tests in Texas, California and ...
Is Elon Musk steering Tesla into a brand crisis?
Tesla’s latest earnings report reveals a rare sales decline and stock dip, as CEO Elon Musk’s escalating controversies and ...
Tesla’s fourth-quarter results fall short of Wall Street estimates as rivals steal customers
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest ...
X Debt Shopped With $6 Billion Sweetener From Elon Musk’s AI Bet
Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential ...
Elon Musk is trying to help Boeing out with its much-delayed new Air Force One for Trump
Boeing has lost more than $2 billion producing the Next Air Force One after President Donald Trump renegotiated the deal in ...
Elon Musk Accused of 'Pulling Trump Down' With Negative Poll Rating
Harry Enten, Tuesday on CNN: "Donald Trump is a more popular guy than Elon Musk is, that's the bottom line. Again, you look ...
Elon Musk told staff X is ‘barely breaking even’, reports say
Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had ...
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Spotlight on Elon Musk, Trump’s ‘First Buddy’
Elon Musk’s quarter of a billion dollars in support for Donald ... But folding the world’s richest man into Trump World ...
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.