Twitter CEO Linda Yaccarino has not tweeted publicly about the delay.

But Musk has. It’s clear who is running things.

the dead bird looks like sonic the hedgehog

In July, Musk tweeted about Twitter / X’s financial situation, saying, “We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load.”

Advertising could be up two fold for all it matters. You sack a company that last turned an annual profit in 2019 with $44B in debt, it won't matter if Musk is shitting gold bricks. You can't pay that size of debt off fast enough. To just get started on that debt Musk would need to make Twitter twenty times more profitable than their 2019 profit. And even then that debt is going to be a monkey on his back for forty years in ideal conditions.

That $44B isn't chump change for Twitter, like maybe if Tencent took a sudden $44B debt they'd make good on it, but they're wildly profitable. Twitter barely gets by and has only gone on this long because of the Tech Bro funding that all but dried up when the interest rates were going up.

Why don't Elon and Donald pay their bills?

He cannot even manage to pay the rent due on the office space. Hardly a shocker that he's having trouble paying the revenue-sharing bills as well.

The blue bird being killed by the X is such a fitting graphic.

Elon can't deliver on a promise. I'm shocked.

Twitter*

Can't or won't? It's won't. Elon could pump a couple of million in to supplement shortfalls within a day maximum, if he wanted to.

I have immense difficulty feeling sorry for any of the members of Elon's Rent-a-Fascist program. He's a huckster, everyone knows he's a huckster, and the people who don't or refuse to believe it will have to learn that lesson the hard way.

Weird. He was so good at paying his rent and other bills. /S

This is the best summary I could come up with:

In news that isn’t very surprising given the recent history of Twitter, which Elon Musk is currently rebranding to X, the company won’t be able to make some promised payments on time.

That’s not exactly what you’d want to hear from a program touting itself as “part of our effort to help people earn a living directly on X,” and the key to Elon Musk’s X dream for an app that handles banking, stock trading, and other vital financial features.

Musk announced the revenue-sharing plan in February, and the company sent out the first round of payments for eligible accounts (with paid verification via Twitter Blue or Verified organizations, 15 million “organic” impressions in the last three months, and at least 500 followers) a couple of weeks ago before opening up registration to more people.

However, hearing that payments aren’t arriving is familiar news to a number of people and organizations involved with X / Twitter since Musk’s takeover.

A Wall Street Journal article in February counted nine lawsuits covering $14 million in unpaid bills at the time.

In July, Musk tweeted about Twitter / X’s financial situation, saying, “We’re still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load.”

I'm a bot and I'm open source!

But definitely trust them with your money! They're gonna be a bank!

lol Elon sucks.

This belongs in !enoughmuskspam@lemmy.world

This looks like Sonic the Hedgehog

That's my offering