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Musk’s value on Wall Street is rising
Elon Musk’s X debt: Bank consortium sells $5.5 billion of loans amid rising investor demand
Pimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing influence in the US political landscape appears to be positively impacting the company's outlook.
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.
Musk’s value on Wall Street is rising as banks find buyers for X loans
Banks this week sold $5.5 billion in debt tied to Elon Musk’s 2022 buyout of Twitter, signaling that Wall Street's confidence in Musk is rising alongside the billionaire’s elevated status in Washington.
Banks sell down $7.5 billion of Musk’s X debt to investors: Source
The deal was said to be offered to a small group of investors by the bank consortium that also included Bank of America. Read more at straitstimes.com.
Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report
Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site formerly known as Twitter.
Banks Sell $5.5B of X’s Debt as Interest in Politically Influential Musk Grows
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
Morgan Stanley-led banks sell $5.5B of X debt: stake in xAI, Musk-Trump alliance in play - reports
A group of banks led by Morgan Stanley sold $5.5 billion of debt related to Elon Musk's acquisition of platform X, formerly known as Twitter, according to a Bloomberg report that cites people with knowledge of the matter.
Elon Musk just got access to America's payment systems
Elon Musk's access to Treasury's payment system is raising alarms. Here's what to know.
Elon Musk's control of a federal payment system is raising concerns about funding for programs like Social Security and the safety of personal data.
Treasury Dept. gives Elon Musk's team access to federal payment system: Sources
If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the money is approved by Congress.
DOGE was tasked with stopping Treasury payments to USAID, AP sources say
Officials working with Elon Musk’s Department of Government Efficiency sought access to the Treasury Department payment system to stop money from flowing to the U.S. Agency for International Developme
Elon Musk, USAID
Labor union asks judge to block Elon Musk's DOGE from Labor Department systems
Musk's rapid takeover of US government agencies has enabled the businessman to exert unprecedented control over America's federal workforce.
How an ex-State Department official fueled Elon Musk’s attack on USAID
Mike Benz appeared on Joe Rogan’s podcast in late December to discuss USAID, spurring Musk’s first mention of the agency.
Elon Musk's Crackdown on USAID Splits With Project 2025 Agenda
The conservative manifesto largely praises USAID's humanitarian work and does not call for it to be dismantled.
10d
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 ...
The Economist
3d
Elon Musk is shredding America’s government as he did Twitter
Even as Mr Musk was speaking, workers at USAID ’s headquarters in Washington were being told not to come in the next day.
1d
Why Musk Is So Focused on the Bureau of the Fiscal Service, America’s ‘Checkbook’
Spending power, privacy concerns and conflicts of interest have put the bureau at the center of a political fight.
2d
on MSN
AI-generated videos of Donald Trump and Elon Musk convince people to buy fake gold coins and become millionaires; several MAGA faithful taken for a ride
Recent reports have revealed that AI- generated videos of US President Donald Trump and Tesla CEO Elon Musk have reportedly ...
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