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Could X go bankrupt under Elon Musk? (www.bbc.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 10 points 1 year ago* (last edited 1 year ago) (1 children)

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.

[–] [email protected] 1 points 1 year ago* (last edited 1 year 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.