X to report first annual ad revenue growth since Musk's takeover, data shows

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X to report first annual ad revenue growth since Musk's takeover, data shows - Channel News Asia

Quick Summary:

Elon Musk-owned social media platform X is poised for the company's first year of advertising revenue growth since its acquisition by the billionaire in 2022, data from research firm Emarketer showed on Wednesday.

As a private company, X does not disclose financial data.

"The whiplash of tariff announcements and federal job cuts have created heightened uncertainty for businesses and markets alike," the brokerage said.