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
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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.