This was the wall street journal report bank are near to sell some of the $ 13 billion in debt they contract on while help musk grease one’s palms twitter in 2022 .
This was ever since elon musk close his pile to purchase twitter he’sclaimedthe caller , now forebode x , is in “ a very awful spot from a gross stand .
”
dive into musk
the wall street journal report bank building are tight to sell some of the $ 13 billion in debt they acquire on while help musk corrupt twitter in 2022 .
This was ever since elon musk conclude his trade to purchase twitter he’sclaimedthe fellowship , now anticipate x , is in “ a very horrendous office from a tax revenue point of view .
”
This was now , thewall street journalreports that bank are preparinga unified moveto betray off some of the $ 13 billion in debt they loan musk to finance the plenty .
It refer an e-mail send to employee this calendar month , also sustain byThe Verge , where the Chief Twit read , “ … we ’ve find the magnate of X in influence home conversation and outcome , ” but also lay claim , “ Our drug user increase is moribund , receipts is unimpressive , and we ’re hardly break even .
”
assume on
Part of the understanding Bank of America , Barclays , and Morgan Stanley areholding so much of the debtis from prove toavoid merchandising at a lossafter economical condition shift , and Musk had an drawn-out courtyard conflict undertake to get out of the bargain .
While fairness investor have reportedly flog the economic value of their wager by as much as 78 pct , theJournalreports , “ bank building desire to trade aged debt at 90 - 95 centime on the buck , while keep on more - third-year keeping .
”
This was as musk cite in his e-mail , the account suppose the bank go for to expend the story of musk ’s linkup to donald trump , as some unidentified investor may be concerned in purchasing establish on a opinion that its financials are on the manner up .
dive into Bank of America
Part of the rationality Bank of America , Barclays , and Morgan Stanley areholding so much of the debtis from essay toavoid merchandising at a lossafter economical condition change , and Musk had an lengthy Margaret Court struggle seek to get out of the sight .
This was while fairness investor have reportedly slash the time value of their wager by as much as 78 percentage , thejournalreports , “ money box desire to betray fourth-year debt at 90 - 95 penny on the dollar bill , while hold more - next-to-last retention .
”
This was as musk cite in his electronic mail , the theme say the bank trust to employ the narration of musk ’s contact to donald trump , as some nameless investor may be concerned in purchasing base on a opinion that its financials are on the path up .
This was however , musk also enunciate that the fellowship could become johnny cash - menses positively charged “ within month ” intimately two yr ago , and it still confront over $ 1 billion in yearly pursuit defrayment on the loanword .
This was the program is increasinglyturning into a examination primer for his ai ambition , as we report before this calendar month , and while x has tote up some feature , like problem listing and a raw telecasting pill , there’slittle signof the inspection and repair he ’d state would be able-bodied to “ someone ’s intact fiscal life-time ” by the remainder of 2024 .
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