As Musk referenced in his email, the report says the banks hope to use the narrative of Musk’s link to Donald Trump, as some unnamed investors may be interested in buying based on a belief that its financials are on the way up.

Banks, who loaned multi-hyphenate billionaire Elon Musk a stunning $13 billion for his ill-advised $44 billion acquisition of Twitter in late 2022, are getting ready to offload billions of debt they accrued as a result,

X owner Elon Musk said growth on his platform is "stagnant" and revenue is "unimpressive" in a January email to staff that was reported by the Wall Street Journal on Friday. "And we're barely breaking even,