Though Musk notes that X is 'shaping national conversations,' that's not going to help banks collect on the money they put up to help Musk buy Twitter in 2022.

Musk's email highlighted that despite X's influence in shaping national conversations, its financial performance has not met expectations.

The Wall Street Journal reports banks are close to selling some of the $13 billion in debt they took on while helping Musk buy Twitter in 2022.

Elon Musk's email to X employees reveals the company faces serious revenue issues, with stagnant user growth and barely breaking even. Despite recent changes and a push for free speech, ad revenue has declined significantly since his $44 billion takeover.

X owner Elon Musk said growth on his platform is "stagnant" and revenue is "unimpressive" in a January email to staff that was reported by the Wall Street Journal on Friday. "And we're barely breaking even,