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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 told staff X is ‘barely breaking even’, reports say
Banks are preparing to sell off debt used to help Elon Musk purchase X as the tech tycoon tells employees the company is “barely breaking even.” According to reporting from The Wall Street Journal, bankers at Morgan Stanley are planning to offload roughly $3bn in debt during a sale next week and are already contacting investors.
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
In a letter to employees, Elon Musk wrote that X has financial problems
The richest man in the world, Elon Musk, recently sent letters to the employees of X, stressing that investing in the company hardly brings any results, judging by the captions of the American media.
Elon Musk tells X staff: "We’re barely breaking even" amid revenue struggles
Elon Musk warns X staff of stagnant user growth and revenue challenges while banks plan to sell $13 billion in X debt.
Elon Musk admits X's financial struggles in email to staff
Elon Musk has admitted to the financial woes of his social media platform X. In an email to employees this month, Musk said that X is barely breaking even amid stagnant user growth and unimpressive revenue.
Elon Musk’s X is getting into the payments business
X’s deal with Visa, the largest U.S. credit card network, was announced by CEO Linda Yaccarino and will be dubbed X Money Account.
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.
techjuice.pk
4d
Elon Musk Addresses X’s Financial Struggles as Banks Offload $13 Billion Debt
In a recent internal email to employees, Elon Musk, CEO of X, acknowledged the platform's ongoing financial challenges.
The Financial Express
5d
Elon Musk highlights X’s ‘stagnant growth’ and ‘unimpressive revenue’ in email to employees
The Wall Street Journal reports that banks are planning to sell part of the $13 billion in debt they gave Musk to buy Twitter ...
5d
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 ...
1d
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 ...
1d
on MSN
Elon Musk’s X partners with Visa on payment service in an effort to become an ‘everything app,’
NEW YORK (AP) — X is teaming up with Visa to soon offer a system for real-time payments on the social media platform — ...
1d
Tesla earnings have investors asking familiar questions
Tesla (TSLA) is set to report its fourth-quarter and full-year earnings on Wednesday, as familiar — if enhanced — concerns ...
3d
on MSN
Musk’s Trump Endorsement Could Backfire as Tesla Sales Set to Stagnate
Elon Musk’s backing of Donald Trump could become an extraordinary act of self-sabotage as Wall Street banks have predicted ...
Hosted on MSN
3d
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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