Elon Musk promised his bankers they would not lose money on the $13bn they lent to finance his Twitter takeover in 2022. The world’s richest man has now largely made good on his vow after Donald Trump’s re-election helped rescue the debt deal.

Elon Musk’s DOGE may depress government spending gradually, along with growth in jobs and the economy, Bank of America (BAC) Global Research said. Economists Stephen Juneau and Shruti Mishra ...

Wall Street banks finally got rid of the debt tied to Elon Musk’s 2022 buyout of ... that included Bank of America (BAC) for roughly $0.98 on the dollar, according to a person familiar with ...

Elon Musk’s tenure as a special government employee and head of the Department of Government Efficiency (DOGE) is coming to an end after a high profile and occasionally tumultuous stint. Musk was

and Elon Musk look on ringside during the UFC 309 event on Nov. 16, 2024, at Madison Square Garden in New York. (Chris Unger/Zuffa LLC) “If J.P. Morgan and Bank of America proceed with this IPO ...

April 28 (Reuters) - A group of banks including Morgan Stanley, Bank of America, Barclays and Mitsubishi UFJ sold the final piece of debt tied to billionaire Elon Musk's $44 billion buyout of ...

President Donald Trump will hold a news conference at the White House alongside Elon Musk on Friday to mark the departure of the world’s richest man from his official role leading an effort to slash the size and scope of the US government.