YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Musk warns of Twitter bankruptcy

Posted online

Elon Musk now is raising warnings of a possible bankruptcy at Twitter.

The billionaire said he could not rule out bankruptcy in his first mass call with employees, according to media reports.

Musk earlier in the day reportedly said Twitter could not "survive the upcoming economic downturn" if the company fails to boost subscription revenue amid falling advertising sales.

Read more from Reuters.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Show Me Chuy

April 7 was the official opening day for Mexican-Italian fusion restaurant Show Me Chuy after a soft launch that started March 31; marketing agency AdZen debuted; and the Almighty Sando Shop opened a brick-and-mortar space.

Most Read
SBJ.net Poll
Update cookies preferences