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Elon Musk: Twitter's cash flow remains negative due to ad revenue

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Elon Musk has revealed that Twitter's cash flow is negative due to a 50% drop in ad revenue and a heavy debt load.

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Despite cost-cutting measures since his acquisition in October, Musk admitted Twitter's ad revenue may not have recovered as quickly as hoped.

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Twitter is also working to increase subscription revenue and plans to split ad revenue with select content creators to encourage more contributions.

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