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Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand 13 February 2025 at 21:25

Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand

NYT > Technology

By:Lauren Hirsch · Joe Rennison and Kate Conger

13 February 2025 at 21:25

The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.

Investors believe Elon Musk’s debt is more likely to be paid back now that he has a central role in the administration of President Trump, whom he joined in the Oval Office on Tuesday.