> Twitter, before Elon, was already losing a couple hundred million a year Twitter's business was making a profit in 2018 and 2019, but then 2020 happened (bec

> Twitter, before Elon, was already losing a couple hundred million a year Twitter's business was making a profit in 2018 and 2019, but then 2020 happened (because 2020), and in 2021 they had a $800 million class action settlement to pay (without that it would have been $600m profit), and then in 2022 Elon tanked the company in the 4th quarter. The core business was (just about) profitable before Elon. It was just far below the FAANG-level expectations from a tech company.