Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
www.cnn.com Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative | CNN Business
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
![Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative | CNN Business](https://lemmy.world/pictrs/image/61d22dcc-cea5-401b-b66c-32b726477eaf.jpeg?format=webp&thumbnail=256)
Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a "heavy debt load," the platform still has a negative cash flow.
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