Banks That Lent Elon Musk Money to Buy Twitter Are Totally Screwed Now

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Banks That Lent Elon Musk Money to Buy Twitter Are Totally Screwed Now
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X-formerly-Twitter owner Elon Musk had to dig deep in his own pockets to fund his chaotic acquisition of the social media platform last year — but the purchase also relied on traditional financial institutions.

In other words, the longer they hold onto this debt, the worse the situation gets, and the more scrutiny they could get from regulators., X's debt is now one of the largest and longest-held "hung" deals, or agreements that typically lead to

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