Harry Enten, Tuesday on CNN: "Donald Trump is a more popular guy than Elon Musk is, that's the bottom line. Again, you look at that net favorable rating, you see Donald Trump hanging right around that zero mark. You see Elon Musk there with a -13. If anything, Musk is pulling Trump down."
This story incorporates reporting from AOL.Wall Street banks are seeking to mitigate losses from the debt associated with Elon Musk’s acquisition of Twitter. In an effort to recover a portion of their investment,
Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s Twitter buyout. Morgan Stanley (MS) and Bank of America (BAC) are among the banks that plan to sound out investors in the coming days to buy portions of debt initially provided to Musk in 2022 to take over the social media
Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts.
Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential buyers: a claim on the social-media platform’s stake in Elon Musk’s artificial intelligence venture.
Boeing has lost more than $2 billion producing the Next Air Force One after President Donald Trump renegotiated the deal in his first term.
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.
There are already some signals about which government expenses could be on the chopping block for Elon Musk's DOGE.
Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had previously been given to users of notoriety and journalists. On Tuesday, the company’s CEO Linda Yaccarino announced a new deal with Visa for peer-to-peer payments on 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 people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.
After the Trump administration offered two million government employees buyouts on Tuesday, DOGE head Elon Musk joked about the offer, leaving some employees dismayed.