Twitter owner Elon Musk said that cash flow at the social media company remains negative after a nearly 50% drop in advertising revenue coupled with “heavy debt,” CNBC reports.
Latest on Political Wire
- 6:37 amJohn Kennedy Hits the Road With 2028 On His Mind
- 6:30 amObama Cuts Ad in Mississippi Senate Race
- 6:27 amMusk’s DOGE Army Now Profits From Government
Political Wire is reader-supported. Join for ad-free reading, member posts and new features →
Taegan Goddard
Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.
More about Taegan Goddard →
?Political Trivia
Eight moments in political history. Put them on a timeline.
Play →
Five senators. Three bills. Can you guess how they all voted?
Play →
Nine Justices. One case. How did they rule?
Play →
Do you have your finger on the pulse of America?
Play →
Four questions a day.
Play →
A new game every day.