They are selling dollars for 67 cents on Polymarket. Christmas miracle.
Morgan Stanley and Elon Musk have a nearly 20-year long relationship. MS did the Tesla IPO in 2010, advised on the Tesla take-private in 2018, led the Twitter M&A in 2022, and structured the debt deal for xAI in 2025.
Elon hired his family office head guy Jared Birchall from MS in 2016, and then hired his new CFO for X/xAI Anthony Armstrong (another former MS banker) in 2025.
MS has given Elon personal loans (began in 2011), did his personal property mortgages (in 2019), and regularly includes him in public endorsements and livestreams.
It was always going to be MS.
In a jungle watching my net worth plummet by the millions, I feel nothing. I can remain solvent longer than this market can remain irrational. $46k is programmed. Stay safe homies.