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Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides (Wall Street Journal)

Wall Street Journal: Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides  —  The tech titan can follow his own rules when he is combining two companies he owns, but the merger is still raising dealmaker eyebrows

Apr 2, 2025 - 11:32
 0
Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides (Wall Street Journal)

Wall Street Journal:
Elon Musk's X and xAI all-stock merger broke Wall Street's usual rules, with the same advisers, Morgan Stanley and Sullivan & Cromwell, working on both sides  —  The tech titan can follow his own rules when he is combining two companies he owns, but the merger is still raising dealmaker eyebrows

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