Since his takeover of then-Twitter in 2022, Mashable has reported that X's user base has declined, fleeing for alternatives like Bluesky, especially after the 2024 U.S. presidential election. Advertisers have been no different, with the trend of companies removing ads on X expected to continue this year.
Though Musk notes that X is 'shaping national conversations,' that's not going to help banks collect on the money they put up to help Musk buy Twitter in 2022.
X, Wall Street and Bank of America
The State Department has suspended processing passport applications seeking the gender marker of “X” and will only process and issue passports for people identifying as male or female, according to a department spokesperson.
Social network X has grown its in-app revenue over the past year, despite a decline in active users, new data shows. Global consumer spending in the X
As Musk referenced in his email, the report says the banks hope to use the narrative of Musk’s link to Donald Trump, as some unnamed investors may be interested in buying based on a belief that its financials are on the way up.
A new Xbox Series X vs PS5 Pro video going viral on X and elsewhere makes the $700 luxury Sony console look very bad.
Investors can go directly to the source to find financial information on companies that are of interest to them. Company filings with the SEC can be accessed on the EDGAR database. Corporate websites also post their financial statements, annual reports, and press releases.
At SHOT Show 2025, Browning unveiled its new All Purpose rifle in the X-Bolt 2 lineup with added versatility for both hunters and target-shooters.
Secretary of State Marco Rubio has directed the State Department to freeze applications in the passport pipeline with “X” selected as the gender identifier.
The United States has ceased issuing passports with a gender-neutral "X" option, the State Department said, following President Donald Trump's order limiting government recognition of transgender identity.
Elon Musk recently shared to X employees that the company is struggling to break even, and it is still its problem.