Elon Musk's X revenues in the UK crashed in 2023, down 66%

Latest profit and loss accounts carry scars of ad spending exodus, but things improving. Maybe not everywhere though In the months following Tesla CEO and Elon Musk's takeover of Twitter, now rebranded to X, business collapsed in the UK, according to recently filed profit and loss accounts for the year ended December 31 2023.…

Apr 28, 2025 - 11:08
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Elon Musk's X revenues in the UK crashed in 2023, down 66%

Latest profit and loss accounts carry scars of ad spending exodus, but things improving. Maybe not everywhere though

In the months following Tesla CEO and Elon Musk's takeover of Twitter, now rebranded to X, business collapsed in the UK, according to recently filed profit and loss accounts for the year ended December 31 2023.…