Wall Street banks finally got rid of the debt tied to Elon Musk’s 2022 buyout of the social media platform now known as X. Investors purchased the remaining $1.2 billion in loans on Monday from a ...

As the world’s stock markets descended into panic last month, Donald Trump was glued to his favourite app: Truth Social. The ...

Elon Musk has already faced one legal battle over sending loose tweets in the midst of negotiating a deal. Early next year he will have to convince another California jury in a federal court that his ...

Wall Street banks sold the last $1.2B of Musk’s X acquisition debt at 98 cents on the dollar, The Wall Street Journal ...

Along the way, President Donald Trump has thrilled MAGA and dumbfounded the Democrats and his critics, who appear lost politically and without a leader ...

Elon Musk's fortune crash has shocked investors as the billionaire lost 25% of his wealth—over $113 billion—after joining ...

A group of banks including Morgan Stanley, Bank of America, Barclays and Mitsubishi UFJ sold the final piece of debt tied to ...

A group of major banks, including Morgan Stanley, Bank of America, Barclays, and Mitsubishi UFJ (NYSE: MUFG), has ...

The launch of the fundraising follows the recent all-stock purchase of X (formerly Twitter) by xAI. That deal valued the social media site at $33 billion, while valuing xAI at $80 billion. The merger, ...

Elon Musk’s xAI Holdings is seeking $20 billion in funding, potentially valuing the company at over $120 billion. This could ...

Elon Musk's AI venture, called xAI, is looking to boost its funding by around $20 billion. According to a report by Bloomberg ...

XAI Holdings was created from the combination of X, formerly Twitter, and Musks AI venture, xAI. The new funding could be used to pay down some of the debt that Musk took on when he converted Twitter ...