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

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

//travel-leisure.news-articles.net/content/2025/ .. om-musk-s-x-debt-sale-show-changing-company.html

Published in Travel and Leisure on Friday, April 25th 2025 at 12:46 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

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

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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/ ]