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Axios
Axios
Business

Twitter suffers "massive drop in revenue," Elon Musk says

Elon Musk Twitter Inc.

Elon Musk said Friday that Twitter has experienced "a massive drop in revenue" due to advertisers leaving the platform.

The big picture: Before Musk's acquisition of Twitter, marketers expressed concerns about how Musk would handle content moderation on the platform because he has said he will embrace a free speech-first approach.

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