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- Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.Learn more:Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation in March that Twitter could reach cash flow positive by June.www.reuters.com/technology/elon-musk-says-twitt…Twitter's revenue and adjusted earnings reportedly fell about 40 percent year over year in December 2022 amid an advertiser exodus following Elon Musk's takeover. Twitter no longer reports earnings publicly since Musk bought the company and took it private in late October.arstechnica.com/tech-policy/2023/03/twitter-revenu…Elon Musk said Twitter's still losing money, blaming "heavy debt" and lower advertising revenues. He's been trying to reinvent the platform after buying it for $44 billion last year. But ad revenue has halved and Musk's other plans like Twitter Blue haven't filled the gap.www.businessinsider.com/elon-musk-twitter-still-lo…Twitter owner and CTO Elon Musk said early Saturday that cash flow at the social media company remains negative after a nearly 50% drop in advertising revenue coupled with “heavy debt.” The Tesla and SpaceX CEO took over Twitter last year in a $44 billion buyout that included about $13 billion in debt.www.cnbc.com/2023/07/15/elon-musk-says-twitter …Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.www.cnn.com/2023/07/15/business/twitter-cash-flo…
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Elon Musk says Twitter's cash flow still negative as ad revenue …
WEBJul 17, 2023 · July 15 (Reuters) - Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday, falling short of his expectation...
Every Way Twitter Has Gotten Worse Since It Became ‘X’ - Forbes
WEBMay 29, 2024 · Twitter has undergone a transformation the last two years, first and foremost a literal one in that it’s now called ‘X’ after Elon Musk’s takeover, something …
Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its ...
WEBJan 2, 2024 · Based on the $44 billion that Musk paid for Twitter over a year ago, the drop in Fidelity's valuation would make the company worth about $12.5 billion. X reportedly …
- Events of is twitter still losing money
Elon Musk says Twitter’s ad revenue is down 50% and cash flow …
WEBJul 15, 2023 · Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
Elon Musk Says Twitter Is Still Losing Money Due to 'Heavy Debt ...
WEBJul 16, 2023 · Elon Musk said Twitter was still losing money, blaming a "heavy debt load" and sliding advertising revenue. In a tweet replying to a user who suggested Musk get a …
Twitter’s U.S. Ad Sales Plunge 59% as Woes Continue
WEBJun 5, 2023 · But Twitter’s U.S. advertising revenue for the five weeks from April 1 to the first week of May was $88 million, down 59 percent from a year earlier, according to an internal presentation...
Twitter loses nearly half advertising revenue since Elon Musk
WEBJul 16, 2023 · Twitter has lost almost half of its advertising revenue since it was bought by Elon Musk for $44bn (£33.6bn) last October, its owner has revealed. He said the …
Musk says Twitter is losing cash because advertising is down
WEBJul 15, 2023 · Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re …
Twitter revenue, earnings reportedly fell 40% shortly …
WEBMar 6, 2023 · Twitter's revenue and adjusted earnings reportedly fell about 40 percent year over year in December 2022 amid an advertiser exodus following Elon Musk's takeover.
Elon Musk's X revenue has officially plummeted, new documents …
WEBJun 18, 2024 · However, these new documents make it official: According to X, the company's revenue has plummeted since Musk took over. In the first six months of …
Musk says he saved Twitter from bankruptcy, but it …
WEBFeb 7, 2023 · Elon Musk says he saved Twitter from bankruptcy, but the company still has $13 billion of debt, low subscription revenue, and seven lawsuits over unpaid bills. Twitter Blue, the subscription service …
Twitter's 'massive' revenue drop adds to heavy debt burden
WEBNEW YORK, Nov 7 (Reuters) - Elon Musk's revelation that Twitter has suffered a "massive" revenue drop since he took over 10 days ago underscores the precarious nature of the …
Elon Musk says Twitter cash flow remains negative with 'heavy debt'
WEBJul 15, 2023 · The Tesla and SpaceX CEO took over Twitter last year in a $44 billion buyout that included about $13 billion in debt. In recent days, Twitter began doling out a …
Twitter reports a drop in quarterly revenue, citing Elon Musk and ... - NPR
WEBJul 22, 2022 · Twitter lost $270 million in the quarter that ended in June and fell short of revenue expectations for the second quarter in a row, the social network reported Friday. The company cited...
Elon Musk says Twitter bankruptcy is possible, but is that likely?
WEBNov 12, 2022 · Twitter regularly loses money. But Elon Musk took on billions in debt to buy the company at a time when online advertising is slumping. Could bankruptcy be next?
Twitter’s Money Problems Deepen: Revenues Reportedly Plummet ... - Forbes
WEBJan 18, 2023 · Twitter’s revenue has plummeted amid an exodus of top advertisers in the months following Elon Musk’s takeover, according to news reports, compounding concerns over the company’s future as ...
Elon Musk says Twitter has 'negative cash flow' and 'heavy debt'
WEBJul 15, 2023 · Elon Musk said Saturday that Twitter is struggling with a "heavy debt load" due to losing 50% of advertising revenue, resulting in the platform having a negative …
One Year After Musk Twitter Acquisition: X Users, Ad Revenue ... - Variety
WEBOct 27, 2023 · In September 2023, monthly active users for X/Twitter had dropped 15% worldwide (and 18% in the U.S.) year-over-year, according to web analytics provider SimilarWeb. Other third-party measures ...
How Elon Musk’s Twitter Faces Mountain of Debt, Falling …
WEBNov 21, 2022 · (1 min) Elon Musk has purchased Twitter, ending a monthslong saga over whether or not he would go through with his offer to acquire the social media platform. …
Twitter loses nearly half advertising revenue since Elon Musk
WEBJul 16, 2023 · Twitter has lost almost half of its advertising revenue since it was bought by Elon Musk for $44bn (£33.6bn) last October, its owner has revealed. He said the …
Challenges Continue at Twitter, with Revenue Down 40% Year …
WEBJan 18, 2023 · The latest on Twitter, according to various reports, is that its revenue is down 40% year-over-year, in part due to the broader downturn in digital advertising, …
Elon Musk says Twitter is losing $4 million a day: How many $8 …
WEBNov 11, 2022 · The simplest answer is that at $7.99 per subscriber, roughly 15 million paying users would generate the $120 million in monthly revenue that Twitter needs to …
Can Elon Musk Make the Math Work on Owning Twitter? It’s Dicey.
WEBOct 30, 2022 · Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal.
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