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Elon Musk email to X staff
X 'barely breaking even,' Musk reportedly emailed staff
Since his takeover of then-Twitter in 2022, Mashable has reported that X's user base has declined, fleeing for alternatives like Bluesky, especially after the 2024 U.S. presidential election. Advertisers have been no different, with the trend of companies removing ads on X expected to continue this year.
Elon Musk email to X staff: ‘we’re barely breaking even’
The Wall Street Journal reports banks are close to selling some of the $13 billion in debt they took on while helping Musk buy Twitter in 2022.
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.
X, Wall Street and Bank of America
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.
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.
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,
Elon Musk addresses far-right crowd in Germany
Elon Musk Makes Video Appearance At Far-Right Event In Germany
Tech billionaire Elon Musk has stirred controversy by speaking via video at a far-right political event in Germany.
Elon Musk addresses far-right crowd in Germany after backlash over salutes, Nazi puns
Musk told AfD supporters at a campaign event that “children should not be guilty of the sins of their parents” in an apparent reference to Germany’s Nazi past.
Nazi Concentration Camp Memorial Attacks Elon Musk: 'Mad Extremist'
Elon Musk has been condemned as "a mixture of mad and right-wing extremist" by professor Jens-Christian Wagner, a historian who runs the Buchenwald concentration camp memorial, the largest in Germany.
22h
on MSN
Could Elon Musk Tear MAGA Apart?
The tech billionaire, who has been a fixture at Trump's side since the election, regularly clashes with the president's ...
3d
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 ...
1d
on 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 ...
1d
on MSN
Elon Musk’s xAI is buying equipment—and getting a tax break—for an X data center in Atlanta, documents show
It’s the first step that Elon Musk’s artificial intelligence company has taken into Georgia, and is the latest indication of ...
1d
on MSN
Elon Musk’s DOGE is coming for the penny
Musk isn’t introducing a novel idea. For years, people have advocated eliminating the penny, as pennies are rarely spent as ...
1d
Trump loyalist Laura Loomer rages at Elon Musk over alleged censorship on X
It’s unclear if Musk was singling out Loomer. X has not returned a request for comment.
1d
Israel-Hamas War Live News Updates: Israel receives names of 4 female soldiers in Hamas captivity to be returned today
Israel confirmed receiving the names of four female soldiers held hostage by Hamas following the October 7 attack, who are ...
Axios on MSN
1d
Musk vs. Altman (and Trump): Anatomy of a feud
The Elon Musk-Sam Altman feud entered a new hot phase this week on X following President Trump's announcement of Stargate, a ...
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