Logo

Logo

Tuesday, 8 July, 2025

X may go bankrupt under Elon Musk if advertisers keep fleeing

The loans Elon Musk took out to buy Twitter (now called X) was about $13 billion and the social media company has to pay about $1.2 billion in interest payments every year.

X may go bankrupt under Elon Musk if advertisers keep fleeing

X, formerly known as Twitter