Wall Street banks offload nearly all $12.5B in debt from Elon Musk’s Twitter buyout

Wall Street just dumped nearly every dollar of the $12.5 billion in loans that helped Elon Musk buy Twitter—now called X—in 2022. A group of seven major banks, led by Morgan Stanley, offloaded $4.74 billion of the debt on Thursday, selling more than their planned $3 billion as investors flooded in with $12 billion in […] source: https://www.cryptopolitan.com/wall-street-banks-offload-debt-twitter/