[jhatax]

First tranche sold at 93c to the dollar; second sold at 98c to the dollar, with a surprise from X which covered the 2c loss, so essentially dollar for dollar.

Morgan Stanley and Bank of America came out on top of this trade. Musk's government involvement was not known with any certainty when he bought X.

[duxup]

I mean the people who bought later. Not at the time Musk initially financed.