Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative

https://lemmy.world/post/1541484

Elon Musk says Twitter’s ad revenue is down 50% and cash flow is negative - Lemmy.world

let’s shoot for 60%!
He’s negative after not paying rent, his server bills, and firing everyone then not paying severance. That leaves $1.2B in interest per year plus whatever salaries he’s actually paying. They made $5.08B in 2021. It’s probably down a shitload more than 50%.