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

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

Source: TechMeme
Source Link: http://www.techmeme.com/250402/p12#a250402p12