Can't wait when he lays off another 50% of whatever the company remains, his fanbase will go nuts for it and say he's a business genius.
Colour me surprised that Mr Musk and lowering moderating standards would lower advertising revenue.
I am mostly surprised that he actually admits worse numbers
~~due to ~50% drop in advertising…~~ because I'm not very good at this. ftfyE.
Lol. "Negative cash flow."
You're broke. You're f*cking BROKE.
But he's not. He'll be fine. He'll always be fine.
It's hard to comprehend just how vastly, mind-bogglingly rich the ultra rich are, so consider: according to Wikipedia, Musk's net worth in July 2023 was about $239 billion. That means that he could lose 99% of everything he owns, and then lose 99% of what was left, and be left with over $20 million, more money than most of us will see in a lifetime.
He's not going to be applying for EBT any time soon. Hell, he's not going to be selling off the spare Lamborghini any time soon.
Welp that happens when all your changes have been questionable at best Musk...
I wouldn't be surprised if it's even worse than he's describing, but at the same time, it's not like we didn't expect it. The platform has seen a colossal influx of bigots, and all kinds of completely unhinged people, because Elon has clearly shown that he's okay with them posting what they want
Idgaf Elon.
The way he talks is so fucking stupid. He's trying so hard to be a "tech bro". You'd think money would give someone some amount of self confidence, but clearly not.
Oh it’s from Elon’s mouth. Don’t believe it, he’s trying to short twitter still
Pretty sure he can't do that since it's not publicly traded anymore
It's impressive how quickly and severely he fucked up what was once a successful tech giant!
I disagree. Twitter was already going under even before he took over. In fact, it was doomed from the beginning as one of the uber era "grow valuation, think about revenue later", hoping to exit someday by selling it to some rich megalomaniac, and actually, they're the ones who succeeded.
Bye Twitter, you will not be missed.
Luxury? What luxury, twitter is just a feed of memes, short remarks and porn What feature could they possibly have held back???
The other thing, Threads, just came out. I guess they offered promos.
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