Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk's $44 billion ...

The Treasury Committee, a cross-party group formed of 11 members, wrote to banks including Barclays, HSBC, Lloyds and ...

Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...

Elon Musk's net worth has taken a tumble since the start of the ... U.S. tech sector and resulted in mass sell-offs at some ...

Tesla is on a sharp downward spiral after Chinese rival BYD announced plans to develop autonomous vehicles with DeepSeek.

New York | London | Wall Street banks saddled with debt from Elon Musk’ s $US44 billion takeover of Twitter sold large chunks ...

The sales mark a surprising turnaround for what had initially been seen as an ill-fated financing of Musk's 2022 takeover of ...

Pimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing ...

Morgan Stanley kicked off another large sale of X Corp debt, seizing on investors’ sudden embrace of the social media ...

EBITDA, major advertisers like Apple mulling a comeback to the platform, and Amazon ramping ad spending led investors to buy ...

The deal was said to be offered to a small group of investors by the bank consortium that also included Bank of America. Read ...

MORGAN Stanley kicked off another large sale of X debt on Monday (Feb 10), seizing on investors’ sudden embrace of the social ...