Wall Street banks on Wednesday sold billions of dollars in X debt holdings thanks to a surge in investor interest as the ...

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

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...

According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and ...

Morgan Stanley and others, such as Bank of America and Barclays, lent Musk money in 2022 to complete his $44 billion buyout ...

Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.

Barclays has apologised to customers after technical problems caused disruption to services and payments over the weekend. The bank said the issue had been resolved on Sunday morning and delayed ...

Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had ...

The Wall Street Journal reports that banks are planning to sell part of the $13 billion in debt they gave Musk to buy Twitter ...

Elon Musk has admitted to the financial woes of his social media platform X. In an email to employees this month, Musk said ...

Elon Musk warns X staff of stagnant user growth and revenue challenges while banks plan to sell $13 billion in X debt.

By Shankar Ramakrishnan NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt ...