Twitter Isn’t Making Money. Here’s Why Musk Thinks It Could Soon. | WSJ

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March 23, 2023
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The Wall Street Journal
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Twitter Isn’t Making Money. Here’s Why Musk Thinks It Could Soon. | WSJ

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(notification whistles) - [Reporter] This is why Twitter has $13 billion in new debt that it took on at the end of 2022. Elon Musk didn't start Twitter's problems. It hadn't booked an annual profit since 2019, but in the months after that tweet, its finances have drained. Revenue fell an estimated 40% year over year in December. Still, Musk is proj... Read More

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