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

  • Secondary buyers have shown increased interest in acquiring shares of X, formerly known as Twitter, in recent times.
  • Buyers have been willing to purchase shares at around the same price Elon Musk paid in 2022, indicating a shift in sentiment.
  • Banks led by Morgan Stanley have been offloading X debt at face value, contributing to the growing interest in the company.
  • The increased interest is attributed to the belief that the downside of the company's story has played out and Elon Musk's involvement will make it successful.

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