Since his takeover of then-Twitter in 2022, Mashable has reported that X's user base has declined, fleeing for alternatives like Bluesky, especially after the 2024 U.S. presidential election. Advertisers have been no different, with the trend of companies removing ads on X expected to continue this year.

Musk told employees about the controversial social network's financial struggles earlier this month, as US banks look to find buyers for the company's mammoth debt pile.

Social network X has grown its in-app revenue over the past year, despite a decline in active users, new data shows. Global consumer spending in the X

A new Xbox Series X vs PS5 Pro video going viral on X and elsewhere makes the $700 luxury Sony console look very bad.

Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.

As Musk referenced in his email, the report says the banks hope to use the narrative of Musk’s link to Donald Trump, as some unnamed investors may be interested in buying based on a belief that its financials are on the way up.

Investors can go directly to the source to find financial information on companies that are of interest to them. Company filings with the SEC can be accessed on the EDGAR database. Corporate websites also post their financial statements, annual reports, and press releases.

By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) -Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two people with knowledge of the matter said on Friday.

At SHOT Show 2025, Browning unveiled its new All Purpose rifle in the X-Bolt 2 lineup with added versatility for both hunters and target-shooters.

Musk reportedly wrote, "we've witnessed the power of X in shaping national conversations and outcomes... [but] our user growth is stagnant [and] revenue is unimpressive."

THE Masked Singer fans were left stunned as Teeth was unmasked as a beloved TV presenter. The character joined Bear in the bottom two but the panel could only save one of them. With the mask