misk@sopuli.xyz to Technology@lemmy.worldEnglish · 11 months agoCould X go bankrupt under Elon Musk?www.bbc.comexternal-linkmessage-square156fedilinkarrow-up1399arrow-down166
arrow-up1333arrow-down1external-linkCould X go bankrupt under Elon Musk?www.bbc.commisk@sopuli.xyz to Technology@lemmy.worldEnglish · 11 months agomessage-square156fedilink
minus-squarefosforus@sopuli.xyzlinkfedilinkEnglisharrow-up10·edit-211 months agoTwitter made some profit in 2018 and 2019: https://www.businessofapps.com/data/twitter-statistics/ They claim to be on track to make another profit year in 2024. Remains to be seen. In a way, now that Elon owns it alone, it’s not as vulnerable to quarterly economics that public companies are. But of course it cannot bleed money forever.
minus-squareteuast@lemmy.calinkfedilinkEnglisharrow-up1·edit-211 months ago They claim to be on track to make another profit year in 2024. I’d give better odds to me becoming the king of Thailand in 2024.
Twitter made some profit in 2018 and 2019: https://www.businessofapps.com/data/twitter-statistics/
They claim to be on track to make another profit year in 2024. Remains to be seen. In a way, now that Elon owns it alone, it’s not as vulnerable to quarterly economics that public companies are. But of course it cannot bleed money forever.
I’d give better odds to me becoming the king of Thailand in 2024.