News • 1 year ago

Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

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Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’

News • 1 year ago

Elon Musk says Twitter cash flow is negative due to ad revenue declines, 'heavy debt'

Musk said early Saturday that cash flow at Twitter remains negative because of a nearly 50% drop in advertising revenue coupled with "heavy debt."

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@NounsAndWords
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1•1 year ago
Is it possible this is all an elaborate scam to steal billions from his private investors like The Producers when the entire network collapses?
- @[email protected]
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  fedilink
  1•1 year ago
  Don’t be a loser, be a winner, sign up for Blue level Twitter!
- @whatsarefoogee
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  1•1 year ago
  No. He paid the majority out of pocket, with only 13 out of 44 billion being loans.

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