Elon Musk tells Twitter employees that bankruptcy is a possibility

Elon Musk tells Twitter employees that bankruptcy is a possibility

Twitter hasn’t earned a profit since 2019, and ad income has plummeted since Musk’s takeover as advertisers abandon the network. Musk said at the all-hands meeting that Twitter might have “According to The Information, the company will have a “net negative cash flow of several billion dollars” in 2023. He also said that the success of the revised Twitter Blue membership programme would determine Twitter’s future.