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49 Elon Musk email to X staff: ‘we’re barely breaking even’

The Verge
Richard Lawler @ The Verge 1 place · 01/24/2025 16:57 EDT

Elon Musk email to X staff: ‘we’re barely breaking even’

Image: Cath Virginia / The Verge, Getty Images


Ever since Elon Musk closed his deal to buy Twitter he’s claimed the company, now called X, is in “a very dire situation from a revenue standpoint.” Now, the Wall Street Journal reports that banks are preparing a coordinated move to sell off some of the $13 billion in debt they loaned Musk to finance the deal. It mentions an email sent to employees this month, also confirmed by The Verge, where the Chief Twit said, “...we’ve witnessed the power of X in.

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