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
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
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.
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.
Report: Musk Says X Is ‘Barely Breaking Even’ in Letter to Employees
Musk told employees about the controversial social network's financial struggles earlier this month, as US banks look to find buyers for the company's mammoth debt pile.
White House Breaks Silence on Elon Musk After Stargate Comments
Musk, the billionaire SpaceX and Tesla CEO, took shots this week at Stargate, Trump's highly touted project, and its partners.
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 ...
EconoTimes4d
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 ...
Wall Street banks prepare to sell up to $3 billion in X loans next week, sources say
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...
The Financial Express4d
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 ...
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 ...
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 ...
'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 ...
The ‘Muskification’ of the federal government is in full swing
In November 2022, days after Elon Musk took control of the company then called Twitter, employees received an email with the subject line: “A fork in the road.” Now he’s turned his attention to the US ...