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Elon Musk, X
Elon Musk told staff X is ‘barely breaking even’, reports say
Banks are preparing to sell off debt used to help Elon Musk purchase X as the tech tycoon tells employees the company is “barely breaking even.” According to reporting from The Wall Street Journal, bankers at Morgan Stanley are planning to offload roughly $3bn in debt during a sale next week and are already contacting investors.
Elon Musk admits X is 'barely breaking even' in alarming email to staff
Musk reportedly wrote, "we've witnessed the power of X in shaping national conversations and outcomes... [but] our user growth is stagnant [and] revenue is unimpressive."
Elon Musk writes to X employees, says company 'barely breaking even'
According to an internal email sent by Elon Musk to employees, X is 'barely breaking even,' citing stagnant user growth and underwhelming revenue
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 tells X staff: "We’re barely breaking even" amid revenue struggles
Elon Musk warns X staff of stagnant user growth and revenue challenges while banks plan to sell $13 billion in X debt.
Elon Musk denies informing X employees that the company is not doing well
Elon Musk decided to speak out after a report surfaced that he had informed X (formerly Twitter) employees that the company is "barely able" to stay afloat. O post Elon Musk denies informing X employees that the company is not doing well apareceu primeiro em TechBreak.
1d
on MSN
Elon Musk Has Lost More Money Than Any Other Top Billionaire So Far in 2025
The world's richest man, now firmly embedded in the Trump administration, has lost over $11 billion since the start of the ...
6d
on MSN
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 ...
1d
on MSN
Musk Ducks Question On Trump Policies, Says EVs Are 'Inevitable'
That answer may well be true. After all, sales of purely internal combustion vehicles have been in decline globally since ...
1d
on MSN
Barclays latest firm to tighten office attendance rules with three-day minimum
The British-headquartered lender unveiled a more stringent approach to hybrid working in a memo to staff earlier this week, which cut the minimum number of days staff can work from home from three ...
1d
Barclays hardens stance on hybrid working as staff told to come into office more
The bank is the latest large company to roll back its flexible working policies brought in during the Covid-19 pandemic.
The Financial Express
6d
Elon Musk highlights X’s ‘stagnant growth’ and ‘unimpressive revenue’ in email to employees
The Wall Street Journal reports that banks are planning to sell part of the $13 billion in debt they gave Musk to buy Twitter ...
12m
on MSN
The list of major companies requiring employees to return to the office, from JPMorgan and Dell to Amazon
Companies requiring workers to return to the office include AT&T, Amazon, JPMorgan, and Toyota. View a list of RTO mandates ...
2h
Senior U.S. official to exit after rift with Musk allies over payment system
A top Treasury career staffer is expected to depart. Surrogates of Musk’s DOGE effort had sought access to sensitive payment ...
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