The world's richest man, now firmly embedded in the Trump administration, has lost over $11 billion since the start of the ...
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...
Musk reportedly wrote, "we've witnessed the power of X in shaping national conversations and outcomes... [but] our user ...
According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and ...
Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.
The Wall Street Journal reports that banks are planning to sell part of the $13 billion in debt they gave Musk to buy Twitter ...
Wall Street banks, led by Morgan Stanley, are preparing to sell up to $3 billion in debt tied to Elon Musks social media ...
Elon Musk has admitted to the financial woes of his social media platform X. In an email to employees this month, Musk said ...
Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had ...
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 ...
Elon Musk warns X staff of stagnant user growth and revenue challenges while banks plan to sell $13 billion in X debt.
Morgan Stanley, Bank of America, Barclays, X and Elon Musk did not immediately respond to requests for additional comment. Banks typically sell such loans to investors soon after a deal is done ...