Twitter spent $33m in three months on Elon Musk deal

    0
    671

    Twitter spent $33m (£27m) on Elon Musk’s proposed deal to buy the firm between April and June 2022.

    It also said its number of monthly daily users had risen to 237m – but it reported a net loss of $270m, which was worse than expected.

    Mr Musk has since changed his mind about the purchase, and a court date is now set for October because Twitter wants to force through the sale.

    There is a $1bn termination fee potentially at stake.

    Twitter declined to discuss its latest financial results,…

    Source link

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    error: Content is protected !!