President Donald Trump said Iran will be able to use funds released from frozen accounts only to purchase food and medical supplies from the US, seeking to ease concerns about peace negotiations that both sides say are making progress.
And SpaceX sold $25 billion of investment-grade bonds, marking the final step to replace the costly debt that had helped finance Musk’s 2022 acquisition of X, then known as Twitter, as well as the expensive loans and bonds issued by artificial intelligence lab xAI last year to bridge its rapid cash drain.
Today’s guest: Josie Anderson, European Economist, Nomura (Source: Bloomberg)
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