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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 · 6d

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,

Elon Musk Takes His Twitter Takeover Tactics to Washington

The New York Times · 8h

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 bought Twitter. The similarities have been uncanny.

Elon Musk Is Running the Twitter Playbook on the Federal Government

Elon Musk is only one week into his role in President Donald Trump’s new administration, but the US federal government is already rolling out the Twitter playbook to manage its spending and personnel.

New York Sun · 19h

Trump Plan To Slash Federal Workforce Mirrors Elon Musk’s Move At Twitter

Tech billionaire Elon Musk seems to have inspired the Trump administration’s latest bold move to restructure the federal workforce, a move that mirrors the one he made when he bought Twitter. The Trump administration on Tuesday sent a blunt ultimatum to federal employees.

5hon MSN

X’s financials appear to be recovering as banks prepare for debt sale: report

Potential buyers are finally seeing some signs that X might be bouncing back after the platform reportedly suffered serious ...

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 ...

2don MSN

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 ...

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 ...

Daily Express US on MSN5d

Elon Musk admits X is 'barely breaking even' in alarming email to staff

Musk reportedly wrote, "we've witnessed the power of X in shaping national conversations and outcomes... [but] our user ...

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 ...

2d

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 ...

48m

DeepSeek drama: are markets in on the most dangerous idea in history?

While investors fret about what the arrival of DeepSeek means for their all-in bet on American artificial intelligence ...

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