Elon Musk told staff X is ‘barely breaking even’, reports say
Musk has tried several different ways to boost X’s profits, including making users pay for verification, something that had previously been given to users of notoriety and journalists. On Tuesday, the company’s CEO Linda Yaccarino announced a new deal with Visa for peer-to-peer payments on X.
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by ...
Diameter Capital Partners and Darsana Capital Partners were among firms that snapped up a major chunk of $1 billion of debt ...
Wall Street banks, led by Morgan Stanley, are preparing to sell up to $3 billion in debt tied to Elon Musks social media ...
The Wall Street Journal reports that banks are planning to sell part of the $13 billion in debt they gave Musk to buy Twitter ...
In an e-mail to X employees, quoted by The Wall Street Journal, Elon Musk has said that the social network is facing serious ...
Musk's email highlighted that despite X's influence in shaping national conversations, its financial performance has not met ...
X has inked a partnership with Visa as the Elon Musk-owned social media platform seeks to become an “everything" app that offers peer-to-peer payments and other capabilities.
The richest man in the world is backing far-right parties against a political establishment that has failed to deliver.
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