Twitter advert income has dropped by half, Elon Musk reveals

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Twitter advert income has dropped by half, Elon Musk reveals


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witter nonetheless has “damaging money move” and has suffered round a 50 per cent drop in promoting income since being bought final October, in keeping with its purchaser, Elon Musk.

“We’re nonetheless damaging money move, on account of ~50% drop in promoting income plus heavy debt load,” the CEO stated in reply to a tweet suggesting searching for a consortium to purchase the positioning’s debt. “Want to achieve constructive money move earlier than we’ve got the luxurious of the rest.”




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