Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had previously been given to users of notoriety and journalists. On Tuesday, the company’s CEO Linda Yaccarino announced a new deal with Visa for peer-to-peer payments on X.

Wall Street banks, finally within striking distance of offloading debt tied to X, have a sweetener on offer for potential buyers: a claim on the social-media platform’s stake in Elon Musk’s artificial intelligence venture.

Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 billion in 2022, including $13 billion in

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday. Morgan Stanley bankers have contacted investors ahead of a planned sale next week, the sources said.

The charges even have an added advantage of driving a wedge between Trump’s new SEC chair, Paul ­Atkins, and his enforcement staff that investigated the matter if ­Atkins raises these issues and looks to dismiss or impose a slap-on-the-wrist penalty.

Since his takeover of then-Twitter in 2022, Mashable has reported that X's user base has declined, fleeing for alternatives like Bluesky, especially after the 2024 U.S. presidential election. Advertisers have been no different, with the trend of companies removing ads on X expected to continue this year.

X’s deal with Visa, the largest U.S. credit card network, was announced by CEO Linda Yaccarino and will be dubbed X Money Account.

Elon Musk’s quarter of a billion dollars in support for Donald ... But folding the world’s richest man into Trump World hasn’t always been easy, as The Wall Street Journal examined over the weekend: Musk also taken broadsides from MAGA movement ...

Elon Musk’s much-publicized gaming prowess has come under intense scrutiny in recent days and he’s not taking it too well. The tech billionaire unfollowed Twitch streamer and YouTuber Zack “Asmongold” Hoyt on X (formerly known as Twitter) and proceeded to leak private DMs between the two after Hoyt joined a chorus of gaming content creators calling Musk a fraud when it came to his alleged Path of Exile 2 obsession.

This time around, he remarked on the feud between Elon Musk and OpenAI’s Sam Altman over President Trump’s $500 billion Stargate AI project. “I mean, you gotta talk about, oligarchs are mad at each other,” Cramer said. The fights make him want to “do [a] oligarch mad at each other segment.”

Elon Musk decided to speak out after a report surfaced that he had informed X (formerly Twitter) employees that the company is "barely able" to stay afloat. O post Elon Musk denies informing X employees that the company is not doing well apareceu primeiro em TechBreak.