Twitter, which Elon Musk bought for $44 billion and renamed X. financial It is not in very good condition. The platform, which was managed by Elon Musk, suffered a loss of revenue, mainly due to the withdrawal of advertisers. Linda Yaccarino, who became CEO of the company a few months ago, explained to provide resources He works with all his might. The CEO of X will even meet managers from major banks such as Morgan Stanley and Bank of America in the coming hours.

Neither Yaccarino nor the financial giants had any information about the meeting. They have made no statement. But with the Financial Times Reutershas some claims on this topic. Financial times sources revealed the conditions that banks will offer CEO X to invest. Reuters has the flow of X financial value calculated. Let’s take a closer look at the explanation of the last point X reached.

Investors want Elon Musk kept away from X

Financial Times sources spoke to an employee of one of the banks where X CEO will meet Linda Yaccarino, who is familiar with the matter. According to the information obtained, the employee in question indicated that this is one of the most important conditions for granting a loan Keeping Elon Musk away from X said that. According to the employee, the statements are made by Elon Musk and the decisions taken increases the tension and make it difficult for advertisers to return to the platform…

The current value of X is $8 billion!

Reuters made a calculation based on all data shared so far. According to the calculation made, the current value of $8 billion. This figure is well below what Elon Musk paid. In addition, there are the company’s debts $13 billion It is already known that this is the case. From here; We conclude that the current value of X is even less than Elon Musk’s debt. We will see together what X will do in the future and how it will no longer be a black hole for Elon Musk.