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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 2022 Twitter buyout.

New York Post on MSN · 5d

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.

Quartz on MSN · 2d

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,

Visa, Elon Musk and X

Forbes on MSN · 2d

Elon Musk’s ‘X Money’ Partners With Visa For Payments—Here’s What To Know About Venmo Rival

Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a peer-to-peer payments competitor to PayPal’s Venmo, Block’s Cash App and bank-owned Zelle.

The Boston Globe · 1d

Elon Musk’s X partners with Visa to provide financial services

Elon Musk’s social media company, X, said on Tuesday that it was teaming up with Visa to provide financial services, in a step toward Musk’s plans of expanding it into an “everything app.” The new financial feature,

The Associated Press on MSN · 1d

Elon Musk's X partners with Visa on payment service in an effort to become an 'everything app,'

NEW YORK -- X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — signaling some progress in a yearslong vision from billionaire owner Elon Musk to create an “everything app.”

18m

Déjà Vu: Elon Musk Takes His Twitter Takeover Tactics to Washington

Federal agencies have offered exits to millions of employees and tested the prowess of engineers — just like when Elon Musk ...

1don MSN

Elon Musk declined dinner with boss of $1.7 trillion fund that voted against his pay deal: 'Friends are as friends do'

Text messages show Elon Musk rejected a dinner invite from Nicolai Tangen, head of Norway's oil fund, and lectured him on how ...

7don MSN

CEO of America's largest bank on fight with Elon Musk: We have hugged and made up

JPMorgan Chase CEO Jamie Dimon and Tesla CEO Elon Musk have resolved their past differences with a reconciliation at the ...

8d

Former Tesla executive sues Elon Musk’s company over remote work bait-and-switch that upended his life

Exclusive: Mike Tully’s wife ‘threatened him with divorce’ if he relocated for work, according to a previously unreported ...

8don MSN

Elon Musk's DOGE has a new target for cutting federal spending: the U.S. penny

Elon Musk's DOGE is taking aim at the U.S. penny, pointing out that it costs more to manufacture than it's worth.

2don MSN

How Elon Musk built an AI moat around Tesla impervious to DeepSeek’s ‘Sputnik moment’

If anything, potentially less demand for Nvidia’s AI training chips could actually benefit the EV manufacturer.

2d

Elon Musk says X is 'barely breaking even'

Elon Musk's acquisition of X has always been controversial. Some people love it, and others hate it. Since his 2022 takeover, ...

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