Bank of America Elon Musk

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 · 1d

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’s X is getting into payments business

Forbes on MSN · 1d

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 New York Times · 1d

Elon Musk’s X Partners With Visa to Provide Financial Services

The social media company said it would start a peer-to-peer payments service, moving to expand the app’s abilities.

The Washington Post · 1d

Elon Musk’s X is getting into the payments business

X’s deal with Visa, the largest U.S. credit card network, was announced by CEO Linda Yaccarino and will be dubbed X Money Account.

Elon Musk, Trump

Hosted on MSN · 3d

X facing big financial problem? Here's what Elon Musk told his employees in an email

Elon Musk, world's richest man, has sent an email to his employees working with X and expressed concerns about the financial health of the company. According to an internal email sent by Elon Musk to employees,

MSNBC · 15h

Trump blasting Elon to space? Musk told to ‘go get’ those astronauts

New reports suggest Elon Musk is overstaying his welcome within Trump's inner circle. But the new president may have come up with a solution for that: Launch Musk into space.

The New Republic on MSN · 2d

Trump Hit With New Lawsuit for Funneling Sensitive Info to Elon Musk

Donald Trump’s administration has been hit with a lawsuit over allegedly collecting federal employee information and directing it to an employee of Elon Musk. The lawsuit, filed in the U.S. District Court for the District of Columbia Monday,

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 ...

23hon MSN

Elon Musk disses boss of Norway’s $1.7T wealth fund that voted against his massive pay deal

Last summer, the firm helped strike down a $56 billion pay deal for Musk that would now be valued at around $100 billion ...

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 ...

2don MSN

Musk reportedly tells X staff 'we're barely breaking even' as the big banks start getting antsy over their debt

Musk reportedly tells X staff 'we're barely breaking even' as the big banks start getting antsy over their debt When you buy through links on our articles, Future and its syndication partners may earn ...

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 ...

7don 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.

Yahoo Finance2d

Bank of America Corporation (BAC)

Bank of America has seen relatively strong performance ... Banks are getting ready to sell billions of dollars in debt borrowed by Elon Musk’s X, bringing Wall Street a step closer to exiting ...

5don MSN

Morgan Stanley prepares for $3 billion debt sale of Elon Musk's social-media platform - WSJ

Wall Street banks, including Morgan Stanley (NYSE:MS), Bank of America, and Barclays (LON:BARC), are gearing up to sell a ...

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