Musk’s political ascendancy stirs hopes of redemption for X banks

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NEW YORK, Nov 16 — Elon Musk’s political ascendancy has some Wall Street banks hoping they may soon be able to offload U...

The banking sources said they wanted to see whether that and a robust US economy would translate to increased revenues for the platform.

The social media company is expected to report its latest finances to the lending consortium in the weeks after the quarter ends next month, the sources said.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Banks X Elon Musk

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 08:53:18 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 684 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Malay Mail

News ID: 23608583

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About Malay Mail

Main Topics: EconomyBusiness

Official Website: malaymail.com

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Year Established: 1896

Headquarters: Malaysia

News Last Updated: 3 hours ago

Coverage Areas: Malaysia

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News Language: English

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Publisher ID: #106

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