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Elon Musk told staff X is ‘barely breaking even’, reports say
Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had previously been given to users of notoriety and journalists. On Tuesday, the company’s CEO Linda Yaccarino announced a new deal with Visa for peer-to-peer payments on X.
Elon Musk admits X is 'barely breaking even' in alarming email to staff
Musk reportedly wrote, "we've witnessed the power of X in shaping national conversations and outcomes... [but] our user growth is stagnant [and] revenue is unimpressive."
Elon Musk writes to X employees, says company 'barely breaking even'
According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and underwhelming revenue
Musk reportedly tells X staff 'we're barely breaking even' as the big banks start getting antsy over their debt
Musk reportedly tells X staff 'we're barely breaking even' as the big banks start getting antsy over their debt When you buy through links on our articles, Future and its syndication partners may earn a commission.
Elon Musk denies informing X employees that the company is not doing well
Elon Musk decided to speak out after a report surfaced that he had informed X (formerly Twitter) employees that the company is "barely able" to stay afloat. O post Elon Musk denies informing X employees that the company is not doing well apareceu primeiro em TechBreak.
4d
on MSN
Wall Street banks to sell billions in loans given to Elon Musk for purchase of X
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...
InvestmentNews
1d
Firms snap up chunk of $1B debt tied to Musk's X buyout
Diameter Capital Partners and Darsana Capital Partners were among firms that snapped up a major chunk of $1 billion of debt ...
EconoTimes
4d
Wall Street Banks Plan to Sell $3 Billion of Elon Musk’s X Debt
Wall Street banks, led by Morgan Stanley, are preparing to sell up to $3 billion in debt tied to Elon Musks social media ...
11h
Elon Musk's Tesla Is Over 4X More Expensive Than Industry Average Despite Weak Delivery Volumes In 2024
Despite falling 4.51% over the last five days, Elon Musk's Tesla has surged 108.50% over last year, making it over 4x ...
4h
Tesla’s $600 billion run-up looks past major risks to EV growth
Tesla Inc. shares have nearly doubled in value since the last time the company reported earnings — a set-up that usually ...
Mozilla
2d
Musk e-mail warns of ‘severe revenue problems’ at X
In an e-mail to X employees, quoted by The Wall Street Journal, Elon Musk has said that the social network is facing serious ...
21h
Elon Musk Lackeys Have Taken Over the Office of Personnel Management
Sources tell WIRED that the OPM’s top layers of management now include individuals linked to xAI, Neuralink, the Boring ...
Hosted on MSN
2d
Banks Gear Up to Sell $3B X Debt, Cutting Risk on Musk’s Social Media Venture
Wall Street banks are gearing up to sell off up to $3 billion in debt tied to Elon Musk’s acquisition of X (formerly Twitter) ...
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