Elon Musk confirmed that Twitter has a negative cash flow. Here's what the billionaire shared. On Saturday, July 15, Elon Musk confirmed that Twitter has a negative cash flow.
The financial woes for Twitter appear to be continuing as owner Elon Musk announced the platform is experiencing a nearly 50 percent drop in advertising revenue as it struggles with heavy debt load. “We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow…
12 Hermitage Drive, AIRLIE BEACH, QLD 4802 Commercial property homesales.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from homesales.com.au Daily Mail and Mail on Sunday newspapers.