Twitter’s Advertising Revenue Declines Under Elon Musk’s Ownership
Twitter’s advertising revenue has plummeted by nearly half. Musk had previously laid off around half of Twitter’s workforce to reduce cost. Twitter is burdened by heavy debt and negative cash flow. Twitter’s advertising revenue has plummeted by nearly half since being acquired by Elon Musk for $44 billion in October of last year, according to … Read more
