Elon Musk privately told bankers they won't lose money on the Twitter deal. But banks are already expected to lose at least $2 billion.

Elon Musk privately told bankers they won't lose money on the Twitter deal. But banks are already expected to lose at least $2 billion.

Slaven Vlasic/Getty Images

Elon Musk has been telling some bankers who supported his blockbuster buyout of Twitter last year with a $13 billion loan that they will not lose money on the deal, five people familiar with the situation told The Financial Times.

0

No comments

Read more