Sources: banks sold $5.5B in debt borrowed by X at $0.97 on the dollar, following strong investor demand; they had planned to sell ~$3B at ~$0.95 on the dollar (Wall Street Journal)

Wall Street Journal:
Sources: banks sold $5.5B in debt borrowed by X at $0.97 on the dollar, following strong investor demand; they had planned to sell ~$3B at ~$0.95 on the dollar  —  X CEO tells investors that the financial health of social-media company is improving  —  Elon Musk’s power in Washington …