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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 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
X Is Barely Breaking Even According to Elon Musk and Banks Are Making Their Move to Sell
Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.
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 platform X, previously known as Twitter. Sources revealed that Morgan Stanley bankers have
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’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 told staff X is ‘barely breaking even’, reports say
Elon Musk told staff X is ‘barely breaking even’, reports say - At least one bank is preparing to sell billions of the company’s debt next week
Wall Street wants to unwind a troubled Elon Musk investment
This story incorporates reporting from AOL.Wall Street banks are seeking to mitigate losses from the debt associated with Elon Musk’s acquisition of Twitter. In an effort to recover a portion of their investment,
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 hopes to get rid of a bad Elon Musk bet
Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s 2022 Twitter buyout.
3h
on MSN
Musk Ducks Question On Trump Policies, Says EVs Are 'Inevitable'
Tesla's CEO, who has called for an end to EV subsidies, declined to weigh on Trump's plans to reverse the Biden EV "mandate." ...
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 ...
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 ...
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 ...
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 ...
4d
'Stagnant user growth, unimpressive revenue...' Elon Musk tells X employees in an email
Musk's email highlighted that despite X's influence in shaping national conversations, its financial performance has not met ...
6h
Tesla’s Profit Fell Sharply Last Year
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the ...
7h
on MSN
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 ...
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