Pimco, Apollo Among Funds Looking at Next $3 Billion of X Debt

Published on January 28, 2025

Pacific Investment Management Co. is among asset managers looking at buying a portion of $3 billion of debt tied to Elon Musk’s buyout of X, according to people with knowledge of the matter.

Continue reading on website
Other news

Disruptive Theme of the Week: ETF Plays on the Stargate Project

January 28, 2025
Tech leaders gathered at the White House to announce Stargate Project, a new venture that plans to invest $500 billion over the next four years on AI infrastructure and datacenters.

DeepSeek Exposes Market Risk Hiding in Plain Sight

January 28, 2025
The S&P 500 Index plummeted as much as 2.3% on Monday over DeepSeek, a Chinese artificial intelligence startup that developed a model competitive with the US’s very best — and, supposedly, on the cheap.