PANews reports on March 22 that according to Jinshi, an informed source revealed that Elon Musk's social media platform "X" plans to repurchase the last remaining debt related to the company's acquisition. This debt, held by Wall Street banks for many years, had previously been unable to be sold. The source stated that the planned repurchase of approximately $1.2 billion in second-lien debt may be partially funded through the company's recent equity financing. However, the source also emphasized that no final decision has been made, and the relevant plan is still subject to potential adjustments. (Jinshi Data APP)
