The banks that loaned Musk $13B to buy Twitter might be having regrets
August 21, 2024 at 04:53 AM EDT
X, formerly known as Twitter, looks like a pretty bad investment right about now. As readers might recall, Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance its $44 billion acquisition. According to the WSJ, the deal has since become the … Source