Musk reportedly tells X staff 'we're barely breaking even' as the big banks start getting antsy over their debt
T ech billionaire Elon Musk has been a public figure for decades, but has enjoyed an outsized profile in recent years, not a little of which is down to his decision to acquire Twi
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 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
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 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.
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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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 ...
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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) ...