Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...

NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon ...

The deal was said to be offered to a small group of investors by the bank consortium that also included Bank of America. Read ...

A group of Morgan Stanley-led banks is set to increase a sale of loans tied to Elon Musk's social media platform X after ...

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

The CEO of an automaker should intrinsically want to sell more cars. He or she may have short-term reasons why that aim is unlikely or a low priority — be it production constraints or a product line-u ...

Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk's $44 billion ...

Wall Street banks saddled with debt from Elon Musk’s $44bn takeover of Twitter sold large chunks of the loan package to investors on Wednesday, allowing a number of lenders to exit one of the toughest ...

Billionaire businessman Elon Musk is on a collision course with lawmakers on Capitol Hill who are starting to challenge his ...

Senate Appropriations Committee Chair Susan Collins (R-Maine) says that President Trump has empowered billionaire businessman ...

Activists, who have been urging a stronger response, waved signs that said “Nobody Elected Elon,” as the party directs its ...

Elon Musk’s incursion into the federal government is unprecedented. It’s also pretty good news for his companies.