The Journal. cover image

Lending Elon Musk Money Was A Very Bad Bet

The Journal.

CHAPTER

Banking on Musk: Financial Fallout

This chapter explores the financial struggles faced by banks, particularly Barclays, due to their funding of Elon Musk's Twitter acquisition, leading to significant write-downs and layoffs. It highlights the failed negotiations regarding debt repayments and the unexpected consequences of their risky investments.

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