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 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.
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 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.
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

SEC charges against Elon Musk rocked Wall Street — but is the tech CEO a victim of lawfare?
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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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Elon Musk Wants to Take a Buzzsaw to the Federal Bureaucracy. Here Are Some Potential Targets
With the ushering in of the second Trump presidency, Americans can expect things to shake up in many different areas. Trump’s ...