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Elon Musk email to X staff
X Is Barely Breaking Even According to Elon Musk and Banks Are Making Their Move to Sell
Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.
Elon Musk Warns X Staff: “We’re Barely Breaking Even”
Elon Musk just sent a reality check to his team at X, formerly known as Twitter. In a company-wide email, he revealed that the platform is "barely breaking even." Despite major cost-cutting and a shift to paid features like X Premium,
Elon Musk calls X’s revenue ‘unimpressive,’ warns employees of ‘very dire situation’
Elon Musk's email to X employees reveals the company faces serious revenue issues, with stagnant user growth and barely breaking even. Despite recent changes and a push for free speech, ad revenue has declined significantly since his $44 billion takeover.
X, Wall Street and Bank of America
Wall Street banks prepare sale of 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 Elon Musk, two sources with knowledge of the matter said on Friday.
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are getting ready to sell billions of dollars in debt borrowed by Elon Musk’s X, bringing Wall Street a step closer to exiting the nerve-racking deal that financed the social-media company’s buyout.
Wall Street banks plan sale of X debt at a discount
Bankers are reportedly gearing up to offload debt used to fund Elon Musk’s social network, for which he paid $44 million in 2022 including $13 billion in financing. Morgan Stanley is leading the charge,
2d
on MSN
Musk casts doubt on Trump-backed Stargate project: 'They don't actually have the money'
Elon Musk has cast doubt on whether there is enough funding to follow through on a massive $500 billion artificial intelligence infrastructure project announced by President Donald Trump on Tuesday.
13d
6 Toxic Money Habits Dave Ramsey, Suze Orman and Other Experts Want You To Avoid
Getting better with money can be as simple as avoiding some behaviors that can wreak havoc on finances. Experts like Dave ...
7d
on MSN
Capital One says a ‘technical issue’ is affecting some customers’ ability to get money
A “technical issue” of a third-party vendor that Capital One uses is affecting some of the bank’s customers to access ...
Hosted on MSN
4d
Gen X: This Is What You Shouldn’t Do With Your Money Before Trump Takes Office
With a new administration coming into power, it's often people's first instinct to think about their finances. Gen X, as the ...
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