X facing big financial hurdle? Here's what Elon Musk told his employees in an email

  • Posted on January 27, 2025
  • By Business News Today
  • 1 Views
X facing big financial hurdle? Here's what Elon Musk told his employees in an email

Elon Musk, world's richest man, has sent an email to his employees working with X and expressed concerns about the financial health of the company. According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and underwhelming revenue. Musk purchased Twitter for $44 billion in October 2022, a deal financed in part by $13 billion in debt.
continue reading...

Author
Business News Today

You May Also Like