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The Guardian - UK
The Guardian - UK
Business
Dan Milmo Global technology editor

FOUND: Will elon musk really let twitter go bust | Mind Blowing Facts

Elon Musk's Twitter profile on smartphone and printed Twitter logos
Twitter will pay almost $1.2bn in interest payments this year. Photograph: Dado Ruvić/Reuters

Followers of Elon Musk’s Twitter account will know that the world’s richest man is partial to attention-grabbing statements. Even so, it was notable when he told Twitter staff this month that bankruptcy at the company isn’t out of the question.

Twitter’s owner has admitted that the business has suffered a “massive drop in revenue” after campaign groups raised concerns about content moderation standards and warned the company’s remaining staff this month that it could lose billions of dollars next year.

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