Elon Musk’s incursion into the federal government is unprecedented. It’s also pretty good news for his companies.

The deal was said to be offered to a small group of investors by the bank consortium that also included Bank of America. Read ...

NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon ...

Banks unloaded $5.5 billion of debt holdings in X that they have been stuck with since 2022, when Musk acquired the site ...

Sens. Mark Warner (D-Va.) and Tim Scott (R-S.C.) sparred Wednesday over Elon Musk and his allies at the Department of ...

The company, which sources say has been looking to sell Versace and Jimmy Choo, continues to log significant declines.

Billionaire businessman Elon Musk is on a collision course with lawmakers on Capitol Hill who are starting to challenge his ...

The world’s richest man still relies on the president for his authority.

A federal judge said it is a “stretch” that Musk and his company xAI suffered “irreparable harm” from OpenAI’s plan to become a for-profit company.

Morgan Stanley and a group of lenders have increased the sale of $3 billion in loans tied to social media platform X. The platform is intrinsically linked to billionaire Elon Musk, who sat second on ...

The banks had initially planned to sell about $3 billion worth of loans, Reuters reported last month. In November, Reuters ...

When President Donald Trump froze foreign assistance for 90 days, he argued that such a drastic step was needed to eliminate ...