Valuation is down 75%. Advertisers are fleeing. A lot of users left. A recent poll (I think there was a submission here on HN this morning said something like 4

Valuation is down 75%. Advertisers are fleeing. A lot of users left. A recent poll (I think there was a submission here on HN this morning said something like 42% of their current users actively dislike the platform. And all of that is to say nothing about Musk’s politics, rule changes, his personal tweets being shown to non-followers, removing the ability to block users, third party apps, and other reasons people may not be happy. Yeah Twitter was burning cash, but they were also overspending. The fact old Twitter was mismanaged isn’t evidence X is doing great.