Elon Musk’s X plans to buy back the last remaining piece of debt tied to the buyout of the social network that Wall Street banks have been stuck holding for years, according to a person with knowledge of the matter.
The high price tag Elon Musk paid for Twitter in 2022 could someday look like a bargain. After months of a lower value than $44 billion, X is back to even.
U.S. President Donald Trump has regularly praised tech billionaire Elon Musk's Department of Government Efficiency for its role in cutting the size of the federal workforce and halting thousands of government programs and contracts.
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Cryptopolitan on MSNElon Musk’s Twitter/X to retire final chunk of buyout debt held by Wall StreetElon Musk’s social media platform X (formerly Twitter) is planning to repurchase the final $1.2 billion chunk of high-risk debt left over from the $44 billion Twitter buyout in 2022.
An MSNBC report said Musk had been "demoted" after clashing with a number of President Trump's cabinet secretaries.
Elon Musk’s Department of Government Efficiency has landed at the US Securities and Exchange Commission one day after President Donald Trump’s choice to lead the agency, Paul Atkins, appeared before the Senate Banking Committee for his nomination hearing.
Rep. Kweisi Mfume (D-Md.) on Wednesday shared his lack of faith in the Trump administration to honor the buyouts it offered to thousands of federal workers amid its moves to overhaul the
The U.S. Securities and Exchange Commission (SEC) is undergoing a restructuring under Elon Musks Department of Government Efficiency (DOGE). Employees have been offered a $50,000 buyout to resign or retire as part of cost-cutting measures.
The all-stock transaction values X (formerly Twitter) at more than what Musk originally paid for it. Elon Musk's xAI has acquired X, the social media site formerly known as Twitter, in an all ...