Ex-employee rejects Elon Musk's latest Twitter theory, labelling it 'Lies'

Elon Musk's recent assertion that Twitter is the primary source of internet clicks to other websites has been criticized and jeered by many people, including a former employee of the social media giant, according to report.

Musk, who only last month acquired Twitter, has said that it is the most important source of new customers. Even more convincingly, he referenced a study showing that Facebook drove 74.1 per cent of all referral traffic, greatly outpacing Twitter's 7.73 per cent share.

What happened to Twitter after Elon Musk purchased it?

Elon Musk, who spent $44 billion to acquire Twitter and has been trying to make the social media platform profitable, raised the possibility of it going bankrupt on Thursday, just two weeks after he made the purchase.



He said that Twitter wouldn't "survive the impending economic implosion" unless it raises membership prices to compensate for falling ad income. Musk claimed that the company lost over $4 million per day after he took over as CEO on October 27 and set out to purge the organization.

Twitter has incurred $13 billion in debt due to the purchase, and it will spend around $1.2 billion on interest alone over the next year. These payments exceed Twitter's cash flow of $1.1 billion as of the end of June, the most recent period for which this information has been made public.

FAQs:

1. What is Elon's net worth?
   It is $199 billion.
2. How old is Elon Musk?
   He is 51-year-old.