(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
Federal prosecutors made an unexpected appearance this week at the Federal Reserve’s headquarters construction site, drawing renewed attention to the ongoing scrutiny of the central bank’s
Bill Ackman’s $64 billion bid for Universal Music Group put the music industry on Wall Street’s radar. David Schulhof, Founder and CEO of MUSQ, LLC, The Music ETF, has been building toward this moment since day one. As the creator of the first music-focused ETF, Schulhof sees a sector that’s chronically underpriced, structurally uncorrelated to traditional markets, and quietly becoming impossible to ignore—for investors and advisors alike.