Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative | CNN Business
www.cnn.com
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
    • pottedmeat7910@lemmy.worldEnglish
      3·
      2 years ago

      I doubt it’ll ever get shut down… Much better chance of being sold at a steep discount.

      Maybe it’ll get rolled into Threads when Elmo and his merry band of miscreants are gone and the advertisers return.