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

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

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 ...

Shares in both firms have more than doubled over the past year, with Barclays up 111% and NatWest 105% higher.

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

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

Banks have successfully made an upsized sale of some of X’s debt to the tune of $5.5 billion, as interest in politically influential owner Elon ...

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

A group of Morgan Stanley-led banks is set to increase a sale of loans tied to Musk's X platform after receiving ...

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

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

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