Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...
The world's richest man, now firmly embedded in the Trump administration, has lost over $11 billion since the start of the ...
Musk reportedly wrote, "we've witnessed the power of X in shaping national conversations and outcomes... [but] our user ...
A group of Morgan Stanley-led banks is set to increase a sale of loans tied to Musk's X platform after receiving stronger-than-expected demand.
According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and ...
That answer may well be true. After all, sales of purely internal combustion vehicles have been in decline globally since ...
Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.
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.