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Elon Musk email to X staff
X 'barely breaking even,' Musk reportedly emailed staff
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,
Elon Musk Tells Employees X Is 'Barely Breaking Even'
Though Musk notes that X is 'shaping national conversations,' that's not going to help banks collect on the money they put up to help Musk buy Twitter in 2022.
Elon Musk email to X staff: ‘we’re barely breaking even’
As Musk referenced in his email, the report says the banks hope to use the narrative of Musk’s link to Donald Trump, as some unnamed investors may be interested in buying based on a belief that its financials are on the way up.
1d
on MSN
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
2d
on MSN
State Department suspends processing passport applications with ‘X’ gender marker
The State Department has suspended processing passport applications seeking the gender marker of “X” and will only process ...
1d
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 ...
2d
on MSN
X refused to take down video viewed by Southport killer
Australia's internet regulator says X refused to take down a video of a high-profile stabbing in Sydney that was watched by ...
2d
on MSN
NBA, NFL Subreddits Among Largest To Ban X Links After Elon Musk’s Controversial Salute
Musk’s gesture has received mixed reactions from politicians and academics, with some likening it to a Nazi salute and others ...
4d
on MSN
Dozens of subreddits are banning links to X
Dozens of popular subreddits are banning links to X after Elon Musk made a gesture that historians and human rights groups ...
2d
EU Commission completes probe into X, to decide fine, reports Handelsblatt
The European Commission has completed its initial probe into social media platform X and will soon decide to impose a fine ...
1d
10 X Platform Feeds Investors Should Follow
Investors can go directly to the source to find financial information on companies that are of interest to them. Company filings with the SEC can be accessed on the EDGAR database. Corporate websites ...
2d
on MSN
State Department halts 'X' passport gender marker applications
Secretary of State Marco Rubio has directed the State Department to freeze applications in the passport pipeline with “X” ...
15h
SNL Mocks Elon Musk's 'Salute' at Donald Trump Inauguration
Musk's gesture, which some called a "Nazi salute," sparked outrage among Democratic lawmakers, as well as politicians in Europe.
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