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Tech IndustryJul 15, 2023
Square($) ($)

Elon Musk: Twitter’s ad revenue is down 50% and cash flow is negative

Elon Musk disclosed on Twitter that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow. 😂😂 https://www.cnn.com/2023/07/15/business/twitter-cash-flow-elon-musk/index.html

Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative | CNN Business
Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative | CNN Business
CNN
Square ($) ($) OP Jul 15, 2023

He shouldn’t have bought the platform with ‘heavy debt load’. Oh wait didn’t he add that debt ?? 😂

This comment was deleted by the original commenter.
eBay YBbr22 Jul 15, 2023

And still remains the richest man. Insaneee

NVIDIA loveda Jul 15, 2023

meaning more lay off ?

Oracle Mabbu Jul 15, 2023

Elon should be laid off first

Salesforce teckjpN60 Jul 15, 2023

Interesting guy…but not very likable

Amazon Pipzonian Jul 15, 2023

This makes me happy

Twitter outOfDoor Jul 15, 2023

What debt ? Its not a debt when you don’t pay (like aws and gcp bills)

Amazon Da480L Jul 15, 2023

Sooner or later providers will start turning them off....

Morgan Stanley gxAj31 Jul 15, 2023

Oh boy, I wonder if after all this saga having Twitter on your CV will become a disadvantage

Johnson & Johnson WPBR81 Jul 16, 2023

It was a shitty company before he took over too.

Amazon palsehin1 Jul 15, 2023

Good 😊

Amazon Da480L Jul 15, 2023

Gee... Turning Twitter into Gab leads to Gab level revenue

Thermo Fisher ❤️❤️❤️🥋 Jul 16, 2023

Don’t worry dumb Tesla stock holders increase his NW