United Kingdom, Jan. 28 -- Elon Musk has told X staff that the platform is "barely breaking even".

The businessman and tech giant bought the social media app formerly known as Twitter in 2022, and reports claim he has delivered a stark messages to employees.

According to The Verse and the Wall Street Journal, Musk said in an email to staff this month: "Our user growth is stagnant, revenue is unimpressive, and we're barely breaking even."

He also wrote: "We've witnessed the power of X in shaping national conversations and outcomes."

The message comes as the WSJ reports banks are looking to coordinate to sell off some of the $13 billion debt they loaned to help Musk finance his Twitter acquisition.

They have been trying to avoid sellin...