FILE PHOTO: 'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File Photo
NEW YORK: Sales at Elon Musk’s X dropped slightly during the second quarter from the first quarter, signalling that the social network has struggled to build on the spending that rushed in when Musk was at the centre of US politics.
The social network, formerly known as Twitter, posted about US$707mil in revenue in the three-month period through June 30, a 2.2% drop compared with the first three months of the year, according to people briefed on the numbers.
