ChainCatcher news reports that several banks completed a $5.5 billion bond sale on Wednesday backed by Elon Musk's social media company X. These banks initially planned to sell about $3 billion in bonds at a price of approximately 95 cents on the dollar.According to insiders, they expanded the deal after seeing investor demand. Ultimately, investors agreed to purchase the loans at a price of 97 cents on the dollar. The interest rate on these floating-rate bonds is about 11%, which is several percentage points higher than the riskiest loans on Wall Street.The sale of X company's bonds demonstrates the strong investment enthusiasm that has swept Wall Street since Trump's election in November. Given Musk's close relationship with President Trump and his growing influence since the election, investors are eager to bet on Musk.