Niamh Harris – Elon Musk has told Twitter employees that the company is losing so much money that “bankruptcy is not out of the question,” according to a report by The Information.
According to the Twitter boss, the platform which hasn’t turned a profit since 2019, has seen a “massive drop” in revenue”.
During the meeting Musk suggested that the company’s future depended on the success of the $8 per month Twitter Blue subscription service, which is currently being bombarded by bots, scammers, and impersonators. Continue reading