Ever since Elon Musk closed his deal to buy Twitter, he claimed that the company, now called X, “is a very serious situation from the revenue point of view.” Now, Wall Street Journal Reports that banks are preparing A coordinated trick To sell some of $ 13 billion in the loan, he gave a loan to Kasturi to finance the deal. It mentions an email sent to employees this month, it has also been confirmed. GermWhere the Chief tweet said, “… We have seen the power of X in shaping national conversations and results,” but also claimed, “our user’s growth is stable, revenue is ineffective, and we barely break even barely Are
Bank of America, Barclays and Morgan are part of Stanley Catch so much debt Try to try Avoid selling in a loss After a change in the economic situation, and the Musk had an extended court fight that was trying to get out of the deal. While equity investors have allegedly reduced the value of their bets by 78 percent, magazine The report, “Banks are expected to sell senior loans at 90-95 cents on the dollar, maintaining more-oriented holdings.”
As Mask refers to her email, the report states that banks expect to use the story of Musk’s link for Donald Trump, as some anonymous investors may be interested in buying based on this belief. Is that its financial route.
However, Musk also stated that the company could become a positive “within months” in a positive “within months ago, and it could still withstand more than $ 1 billion in annual interest payments on loans. The stage is growing rapidly Turn into a test ground for your AI ambitionsAs we mentioned earlier this month, and while X added some features, such as job listing and a new video tab, there is there Slight signal He said that he said that by the end of 2024, he would be able to do “complete financial life”.
