
X would be “barely profitable”: Elon Musk would have warned his employees of the catastrophic situation

X (twitter)
Accessible on your computer or for download for your smartphone, X (Twitter) is the famous microblogging social network. Find all the tweets on all your devices.
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329 - Release date:
01/23/2025 - Author :
X-Corp. – Twitter - License:
Free license - Categories:
Internet – Communication
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Android, online service, windows, iOS iPhone / iPad
It’s not okay for X, ex-twitter, according to the Wall Street Journal. Elon Musk would have sent an email to his employees to inform them of the catastrophic financial situation in which the social network would be.
Elon Musk denies this information
© Shutterstock/Kemarrrav13
A real echo room of the extreme right, X makes users fleeing to Bluesky or even advertisers. According to the Wall Street JournalElon Musk would have sent an email to his employees in which one could read: “Our user growth is stagnant, the income is not impressive, and we are barely profitable.”
In this same email, the billionaire would also declare: “In recent months, we have witnessed the power of X in the orientation of national conversations and their results … We also see other platforms adopting our commitment to freedom of expression and impartial truth.” The last remark refers to Meta who also adopts the “Free speech” With community notes instead of Fact-Checkers.
On X, Elon Musk formally denies having written this email: “This report is false. I did not send any such email. The WSJ ment.”
The X user base has decreased sharply since the buyout of Twitter by Elon Musk in 2022 and many turned to alternatives like Bluesky, especially since the election of Donald Trump in 2024. Advertisers follow this trend and could continue to withdraw their advertisements this year.
THE Wall Street Journal We learn that the bankers of Morgan Stanley would have contacted investors for a sale of $ 3 billion in debt which was contracted by X during his acquisition by Elon Musk. Many would have manifested their interest due to a financial position on a “Ascending trajectory”especially in connection with the alliance between the billionaire and Donald Trump.