Elon Musk Warns Twitter May Lose Billions Next Year

Elon Musk told Twitter employees the company may have a “net negative cash flow of several billion dollars” next year, adding that “bankruptcy is not out of the question” if the company can’t “bring in more cash than we spend."

Source

Elon Musk

Social

Related News
Trump hotel Trump hotel
Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’ Trump taps Elon Musk and Vivek Ramaswamy to slash gov’t with ‘DOGE’
Brazil to review Elon Musk’s X ban after $5M fine payment Brazil to review Elon Musk’s X ban after $5M fine payment
Decentralized Social Graph Protocol Lens Enters Permissionless Stage Decentralized Social Graph Protocol Lens Enters Permissionless Stage
Decentralized Social Network Farcaster Protocol saw 400% Surge in Active Users Decentralized Social Network Farcaster Protocol saw 400% Surge in Active Users
Latest News More More
6 Hours Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
1 Day Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
1 Day Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
4 Days Ago Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
June 25 Circle's post-IPO stock surge pushes market cap near Coinbase and USDC
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open