Elon Musk Admits X Struggles: Stagnant Growth, Revenue Woes, and $1B+ Annual Interest Payments

Elon Musk revealed X (formerly Twitter) is barely breaking even, with stagnant user growth, declining mobile usage, and underwhelming revenue. Banks, including Morgan Stanley and Bank of America, are panicking and trying to sell off 3BindebttiedtoMusk′s3BindebttiedtoMusk′s44B acquisition. Advertisers are wary due to content moderation issues, while rivals like Bluesky grow. Despite Musk's past promises of cash-flow positivity, X faces over $1B in annual interest payments