Elon Musk's social media platform "X" plans to acquire the last $1.2 billion acquisition debt held by a bank

According to a report by Golden Ten, insiders revealed that Elon Musk's social media platform "X" plans to repurchase and acquire the last remaining debt related to the company. This debt, held by Wall Street banks for many years, has not been sold before. The insider stated that the approximately $1.2 billion secondary lien debt repurchase plan may be partially funded through the company's recent equity financing. However, the person also emphasized that a final decision has not yet been made and there is still a possibility of adjustment to the relevant plan. (Golden Ten Data APP)