Plunging U.S. revenue at X risks opening up a "massive hole" on its balance sheet that Musk needs to plug to stave off its financial collapse.

Musk’s repeated outbursts against advertisers have dried up the main source of revenue for the loss-making company formerly known as Twitter. A recent decision to sue them for heeding his own advice to not buy ads on the platform hasn’t helped. At some point, he will have to provide a fresh infusion of cash to salvage his $44 billion takeover.

    • Pennomi@lemmy.worldEnglish
      38·
      3 months ago

      It might’ve been funny if he was remotely likable. Turns out that humor depends highly on not being an asshole.

      • DxK@lemmy.worldEnglish
        14·
        3 months ago

        Nah, the problem is there’s just nothing humorous about it. Not even Robin Williams could’ve made that bit work, and everybody loves him. (RIP)

        • Ben Hur Horse Race@lemm.ee
          2·
          3 months ago

          I actually don’t care for Robin Williams. I don’t actively dislike his stuff, I just find his humor off-putting. Good Morning Vietnam was OK.