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

© Eric Lee/The New York Times

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.
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