The latest sale is a boon for the group of seven lenders, including Bank of America, Barclays and MUFG, who have been saddled ...

The company said that other parts of its business can benefit from efficiency initiatives after Musk pointed out how it ...

Wall Street just dumped nearly every dollar of the $12.5 billion in loans that helped Elon Musk buy Twitter—now called X—in ...

Iron Mountain shares dropped over 10% this week after Elon Musk criticized the government's document storage practices. The ...

Wall Street banks are close to selling $3bn worth of loans backing Elon Musk’s takeover of Twitter, offloading another mammoth portion of a debt deal that has lingered on their balance sheets for more ...

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

Pimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing ...

Wall Street banks are close to selling $3 billion in debt linked to Elon Musks 2022 takeover of Twitter, now rebranded as X.

The sales mark a surprising turnaround for what had initially been seen as an ill-fated financing of Musk's 2022 takeover of ...

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 led by Morgan Stanley (MS) are close to offloading another $3 billion in debt relating to Elon Musk’s purchase of ...