It took more than two years, but some big Wall Street banks—along with several of their European and Japanese counterparts—are finally breathing a sigh of relief now that nearly $9 billion of the $13 billion of X debt they’ve been holding on to is flying out the door. Incredibly, the debt is being priced close to par, which is surely assuaging the banks’ regulators and credit committees. Of course, this is quite a turnaround from the early days of Elon Musk’s $44 billion acquisition of the company, when he was busy firing 75 percent of Twitter’s employees and telling Bob Iger to go fuck himself, and advertisers were fleeing the social media platform in droves.