Twitter's Cash Flow Still Negative As Ad Revenue Drops 50%, Says Elon Musk - NDTV.

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15 Jul 2023 NDTV News

Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, Elon Musk said on Saturday.

Twitter also faces annual interest payments of about $1.5 billion. (Representational) Twitter's cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt load, …

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