Banks are preparing to sell off debt used to help Elon Musk purchase X as the tech tycoon tells employees the company is ...

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...

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

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

Wall Street banks are preparing to sell up to $3 billion in debt linked to X, Elon Musk's social media platform. Morgan ...

Elon Musk reportedly has said that X is "barely breaking even" in an email to X staff. The news comes as X's competitors see ...

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

Wall Street banks expect Tesla’s vehicle sales to grow much more slowly this year than its boss Elon Musk has forecast, as US President Donald Trump seeks to dismantle Biden-era climate policies that ...

Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.

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

Morgan Stanley, Bank of America, Barclays, X and Elon Musk did not immediately respond to requests for additional comment. Banks typically sell such loans to investors soon after a deal is done ...

Musk told employees about the controversial social network's financial struggles earlier this month, as US banks look to find ...