(Bloomberg) - Elon Musk's bankers are considering providing the billionaire with new margin loans backed by Tesla Inc. stock to replace some of the high-interest debt he layered on Twitter Inc., according to people with knowledge of the matter.
Bloomberg Television:
https://finance.yahoo.com/video/musk-bankers-mull-tesla-margin-054548487.html
By Su Keenan reports on Bloomberg Television
December 8, 2022
David Schulhof, Founder and CEO of MUSQ, brings three decades of music industry experience to the MUSQ Global Music Industry Index ETF. The fund seeks to capture the entire music ecosystem—from streaming platforms and record labels to live events and equipment manufacturers—through 40 global holdings. With Goldman Sachs projecting the industry could double to $200 billion by 2035, Schulhof positions MUSQ as an uncorrelated liquid alternative for advisors seeking growth beyond AI-heavy mega-cap exposure.
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