Social platform X is ????????? ???????? ????????"barely breaking even," owner Elon Musk emailed employees, the Wall Street Journal reported.
"Our user growth is stagnant, revenue is unimpressive, and we're barely breaking even," Musk reportedly said. In a story about banks preparing to sell billions of dollars in debt borrowed by X, WSJ printed other parts of the email:
"Over the last few months, we've witnessed the power of X in shaping national conversations and outcomes...We are also seeing other platforms begin to adopt our commitment to free speech and unbiased truth."
The latter sentence refers to Meta, which is removing fact-checks in favor of community notes, which X already has.
Elon Musk has denied writing this to staff, posting on X, "This report is false. I sent no such email. WSJ is lying."
Since his takeover of then-Twitter in 2022, Mashable has reported that X's user base has declined, fleeing for alternatives like Bluesky, especially after the 2024 U.S. presidential election. Advertisers have been no different, with the trend of companies removing ads on X expected to continue this year.
The WSJ article stated that Morgan Stanley bankers have reached out to investors ahead of a $3 billion sale of debt it and other banks lent to X to complete Musk's buyout in 2022. Investors have allegedly expressed interest in buying the debt as they see X's financial position on an "upward trajectory," WSJ reported, likely because of Musk's alliance with President Trump.
Musk has been in the news this week for other reasons, including his attendance at Trump's inauguration on Monday and the "Roman salute" he gave during a speech.
Topics X/Twitter Elon Musk
Researchers Uncover Previously Unknown WWII Citizen Isolation Center
Why 'Which is your favorite Harry Potter book and why?' is the perfect dating app opener
'Wordle' today: Get the answer, hints for June 27
Samsung Wallet combines Pay and Pass to keep your credit cards and crypto safe
Higa, Perron Receive Fall Decorations
SpaceX fires employees who condemned Elon Musk's behavior in open letter: Report
15 best musicals on Netflix that will dazzle and delight you
'Wordle' today: Here's the answer, hints for June 23
OBITUARY: Susan Watanabe, Writer and Political/Community Activist Leader
Woman saved from hostage situation after leaving plea for help on GrubHub food order
Luncheon Gathering of Royalty
Snapchat tests paid subscription called Snapchat Plus (of course)
Woman saved from hostage situation after leaving plea for help on GrubHub food order
Woman saved from hostage situation after leaving plea for help on GrubHub food order
Manzanar Committee Supports Memorial at Tuna Canyon Camp Site
Watch the lost 'Sesame Street' episode reportedly banned for being too scary
Toyota is recalling 2,700 electric bZ4X cars over faulty wheels
Everything coming to Netflix in July
Celebration of Sawtelle Japantown
Paramount+ launches in the UK: Everything you need to know
Adele posts touching video after cancelling gig, proves she's the bestImpact of Temperature on Intel CPU PerformanceIvanka Trump's unpaid interns share cringeworthy financial adviceBella Hadid bares it all in Vogue ParisIvanka Trump's unpaid interns share cringeworthy financial adviceFemale wrestler wins India's first Olympic medal of 2016David Schwimmer says 'Friends' made it hard for him to make friendsStudy says 'Harry Potter' fans less likely to vote Trump and J.K. Rowling loves itCould Trump's campaign shake up signal a big move into media?Anyway, here's Matthew McConaughey's obscure YouTube Channel What do we owe our online dating matches? How to watch Texas vs. OSU football livestreams: kickoff time, streaming deals, and more Save over $100 on XREAL Air glasses, and more AR glasses deals The 13 best horror movies of 2023, and where to watch them Cyber Week unlocked phone deals: Apple, Google, Samsung, more Best Dyson deal: Get $120 off the Dyson Airwrap as a My Best Buy member Best holiday deal: Buy a pre Wordle November 29: See the answer and hints Who should get a plus one at a wedding? The answer is tricky. 180+ Cyber Monday gaming deals: 30% off PlayStation Plus
0.1411s , 10007.296875 kb
Copyright © 2025 Powered by 【????????? ???????? ????????】Enter to watch online.X 'barely breaking even,' Elon Musk reportedly emailed staff,Global Perspective Monitoring
