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 (MS) have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk's $44 billion acquisition of Twitter, now called X, in 2022, said a source with ...

The banks had initially planned to sell about $3 billion worth of loans, Reuters reported last month. In November, Reuters ...

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

The world's richest man, now firmly embedded in the Trump administration, has lost over $11 billion since the start of the ...

Liberal Democrat leader Sir Ed Davey has shrugged off being called a snivelling cretin by Elon Musk - and has vowed to continue calling him out.

Barclays has apologised to customers after technical problems caused disruption to services and payments over the weekend.

On the Tesla front, Musk said robotaxis with unsupervised Full Self Driving technology will begin picking up fares in Austin, ...

Paola Mereu, 39, sold the house her and her husband and their daughters lived in at Uxbridge and were meant to buy their new ...

Elon Musk has promised a rebound in Tesla sales this year after a disappointing 2024, with leaps forward in artificial intelligence that will enable unsupervised, self-driving cars on Texas roads by ...

The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.