Morgan Stanley Sells $5.5 Billion of X Debt on Demand Surge
A group of Morgan Stanley-led banks sold $5.5 billion of debt tied to Elon Musk’s social-media platform X after receiving stronger-than-expected demand from investors, according to people with knowledge of the matter.
Morgan Stanley-led banks sell $5.5B of X debt, xAI stake in play - reports
Banks including Morgan Stanley, Bank of America, and Barclays offered a deal to investors seeking minimum commitments in the hundreds of millions.
Elon Musk’s X debt: Bank consortium sells $5.5 billion of loans amid rising investor demand
Pimco and Citadel are among the investors who have reportedly bought debts tied to X. This comes as Elon Musk's growing influence in the US political landscape appears to be positively impacting the company's outlook.
Wall Street banks to sell billions in loans given to Elon Musk for purchase of X
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.
Morgan Stanley-led banks sell $5.5 billion of X debt on demand surge
The banks initially planned to sell about $3 billion worth of the loan but received enough interest to parcel out additional debt
Morgan Stanley boosts X debt sale, Bloomberg reports
A group of Morgan Stanley (MS)-led banks is set to increase a sale of loans tied to Elon Musk’s social media platform X after receiving
Morgan Stanley increase $3 billion X loan sales
Morgan Stanley and a group of lenders have increased the sale of $3 billion in loans tied to social media platform X. The platform is intrinsically linked to billionaire Elon Musk, who sat second on the 2024 Forbes Rich List.
Morgan Stanley-led banks to upsize Elon Musk's X bond sale
A consortium of banks guided by Morgan Stanley (NYSE:MS) is preparing to significantly expand the sale of loans linked to Elon Musk's social media platform, known as X. This decision comes in response to greater-than-anticipated demand from investors,
Banks sell down $5.5 billion of Musk's X debt to investors, source says
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 ...
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Tesla CFO, chairwoman, and Elon’s brother sold tens of millions worth of TSLA stocks
Tesla’s Chief Financial Officer, Taneja Vaibhav, and the head of Tesla’s board of directors, Robyn Denholm, have just sold ...
Wall Street banks sell $5.5B of X loans as investors bet big on Elon Musk: report
Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...
Morgan Stanley to increase sale of loans tied to Musk's X, Bloomberg News reports
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 ...
Musk’s value on Wall Street is rising as banks find buyers for X loans
Banks this week sold $5.5 billion in debt tied to Elon Musk’s 2022 buyout of Twitter, signaling that Wall Street's confidence ...
Morgan Stanley aumenta venta de deuda de X ante fuerte demanda
Un grupo de bancos liderado por Morgan Stanley aumentará sustancialmente la venta de préstamos vinculados a la plataforma de ...
Wall Street Sells £4.41B of X Loans as Investors Bet on Strong Financials, Advertisers Returning to Musk's Firm
EBITDA, major advertisers like Apple mulling a comeback to the platform, and Amazon ramping ad spending led investors to buy ...