Some secondary buyers are finally showing interest in X, formerly known as Twitter, to ride the Trump wave

  • Secondary buyers had little interest in X last year, but that has shifted recently, according to Rainmaker Securities.

  • Buyers have been willing to purchase shares at around the same price Elon Musk paid in 2022.

  • Banks led by Morgan Stanley have been offloading billions in X debt at face value.

In the last month and a half, Glen Anderson, CEO and co-founder of Rainmaker Securities, has started to see prospective buyers express increased interest in shares of X, formerly known as Twitter… Read Full Article

Ken Anderson