Wed, April 30, 2025
Tue, April 29, 2025
Mon, April 28, 2025
Sun, April 27, 2025
Sat, April 26, 2025
Fri, April 25, 2025
[ Fri, Apr 25th ]: WMUR
The Traveling Tooth Fairies
Thu, April 24, 2025
Wed, April 23, 2025
Tue, April 22, 2025
Mon, April 21, 2025
Sun, April 20, 2025
[ Sun, Apr 20th ]: KTTV
In Depth: How To Travel Smart

New financials from Musk's X debt sale show changing company


  Copy link into your clipboard //travel-leisure.news-articles.net/content/2025/ .. om-musk-s-x-debt-sale-show-changing-company.html
  Print publication without navigation Published in Travel and Leisure on by Fortune

Elon Musk's X is betting on dollars generated from AI and subscriptions.

Elon Musk's social media platform X, formerly known as Twitter, is facing challenges in selling its debt as investors are wary of the company's financial stability and its heavy reliance on advertising revenue, which has been declining. X has been attempting to sell $3 billion in unsecured debt to manage its finances, but the high interest rates and the company's uncertain future have made it difficult to attract buyers. Additionally, X's valuation has dropped significantly since Musk's acquisition, and the platform is struggling to diversify its revenue streams beyond advertising, with efforts to expand into areas like AI and payments not yet proving successful. The situation is compounded by advertisers pulling back due to concerns over content moderation and brand safety on the platform.

Read the Full Fortune Article at:
[ https://fortune.com/article/musk-x-debt-sale-ai-advertising-revenue/ ]

Publication Contributing Sources

Similar Travel and Leisure Publications