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Elon Musk email to X staff

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.

PCMag on MSN · 20h

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.

TheWrap on MSN · 1d

Elon Musk Says X Growth Is ‘Stagnant,’ Revenue Is ‘Unimpressive’ in Leaked Email to Staff

X owner Elon Musk said growth on his platform is "stagnant" in a January email to staff that was reported by the Wall Street Journal

moneycontrol.com · 3h

'Stagnant user growth, unimpressive revenue...' Elon Musk tells X employees in an email

Musk's email highlighted that despite X's influence in shaping national conversations, its financial performance has not met expectations.

Live Mint on MSN · 1d

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

New York Post on MSN · 1d

Wall Street banks to sell billions in loans given to Elon Musk for purchase of X

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 Friday. Morgan Stanley bankers have reached out to investors ahead of a planned sale next week, the people added.

Reuters · 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 Elon Musk, two people with knowledge of the matter said on Friday.

TechCrunch on MSN · 1d

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,

Reddit Users Boycott X Links After Elon Musk’s Gesture at Inaugural Event

A boycott of links to Mr. Musk’s social media platform spread on Reddit this week, after he made a gesture that some likened ...

1don 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 ...

Reddit sites with millions of followers ban links to X, Twitter after Elon Musk inauguration salute

In reaction to hand gestures Elon Musk made at a post-inauguration rally that many said resembled a Nazi salute, Reddit ...

2don MSN

X ban spreads across Reddit communities after Elon Musk's inaugural gesture

Some Reddit forums have moved to ban links from X, formerly known as Twitter, after Elon Musk's gesture at an inaugural event on Monday.

11don MSN

SEC sues Elon Musk, accusing him of withholding info that cost Twitter investors millions

The SEC has sued billionaire X owner Elon Musk, alleging he failed to disclose his ownership of Twitter stock in a timely ...

10don MSN

SEC sues Elon Musk, saying he didn’t disclose Twitter ownership on time before buying it

The U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of ...

3don MSN

Elon Musk Reddit Ban: List of Subreddits Blocking X Links

Several of the largest communities on Reddit have banned links to X following Elon Musk's gesture at Donald Trump's ...

16h

They Used to Love Elon Musk. Now They’re His Biggest Enemies Online.

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