Tag: musk tweet
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Elon Musk Warns of Potential Twitter Bankruptcy Amid Financial Strains and Revenue Drop
Elon Musk’s recent acquisition of Twitter has raised concerns about the company’s financial viability. After purchasing Twitter for $44 billion, Musk inherited a company that had been struggling to turn a profit and attract new users. Twitter’s advertising revenue, which was nearly 90% of its last year’s income, has seen a significant drop as many…