PitchBook: seven banks' ~$13B loans to Elon Musk to buy X have been "hung" for two years, weighing on balance sheets, the worst buyout for banks since 2008-09 (Wall Street Journal)

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Wall Street Journal:
PitchBook: seven banks' ~$13B loans to Elon Musk to buy X have been “hung” for two years, weighing on balance sheets, the worst buyout for banks since 2008-09  —  Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks' balance sheets

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