Exclusive | Wall Street Banks Prepare to Sell Billions of Dollars of X Loans - WSJ

1. Morgan Stanley plans to sell $3 billion of Musk's debt next week. 2. Debt is valued at 90-95 cents on the dollar due to past performance issues. 3. Musk's influence and financial recovery have attracted investor interest in debt. 4. X's financials show improvement, despite prior significant revenue decline. 5. Banks previously experienced losses from this $44 billion buyout financing.