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Laura Coates Live
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Twitter's Ad Revenue Is Crumbling Under Elon Musk
Twitter is hemorrhaging ad revenue right now. It's been marked down by fidelity and other investors as losing more than half of its value because the business is crumbling underneath Elon Musk. Now I'm actually hopeful that the business can return to an upswing. They mean they just hired a brand new CEO who's credible, and Elon Musk is a talented entrepreneur. But at the end of the day, it doesn't excuse not being able to pay rent,. Not paying vendors, these are all things we've been tracking up and going on for months.
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