Yahoo! Tech
npub1hrm…j2rr
2025-01-30 18:12:12
Author Public Key
npub1hrmeelmxktje8vy2t6axvt5ae0emvfk4v5hxrvaceky4pfmn8guqkqj2rrSeen on
wss://relay.nostr.bandPublished at
2025-01-30 18:12:12Event JSON
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"Musk-Trump Bromance Turns X Debt From Burden to Asset for Morgan Stanley"
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"Morgan Stanley, which advised Musk on his 2022 purchase of Twitter, is leading a group of banks in marketing a $3 billion debt offering tied to the company, now called X. The debt was previously considered unloved and was stuck on the bank's balance sheet. However, with Musk's relationship with President Donald Trump and the tech mogul's newfound proximity to the White House, investors are now drawn to the debt. The financials show signs of a rebound, with adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) at roughly $1.2 billion in 2024."
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