Overview
- Twitter's ad revenue has dropped about 50% since Musk's takeover, according to the owner.
- The revenue loss and debt from the $44 billion acquisition have kept Twitter cash flow negative.
- Controversial changes by Musk like layoffs led advertisers like GM and United Airlines to pause spending.
- Musk brought on exec Linda Yaccarino but remains involved in decisions, complicating advertiser relations.
- The shift has fueled toxic content and decreased users, though some advertisers are returning.