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.

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 ...

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

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 ...

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

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

To be clear: It’s not that I was wrong about the conflicts of interest Musk would be subject to — there is virtually nothing in government that doesn’t affect Musk’s businesses, which span electric ...

Spending power, privacy concerns and conflicts of interest have put the bureau at the center of a political fight.