2min chapter

The Daily cover image

Will Threads Kill Twitter?

The Daily

CHAPTER

Musk's Financial Situation Is Dire

Musk's grand business plan is to offset advertising with subscriptions. And people aren't signing up for the service in the numbers that he needs. He has to pay billions of dollars just on the interest, much less paying back the actual loans themselves. Twitter is literally getting evicted or threatened eviction at some of its office spaces.

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