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> dumping/wasting/overpaying $45B for Twitter Apparently Twitter is much more profitable than before he bought it, despite revenue declining, so the banks/othe
by dmix 2y ago
> dumping/wasting/overpaying $45B for Twitter
Apparently Twitter is much more profitable than before he bought it, despite revenue declining, so the banks/other investors are happy. https://www.nextbigfuture.com/2025/02/x-in-2024-doubled-highest-yearly-twitter-profits.html https://www.nextbigfuture.com/2025/02/x-in-2024-doubled-high...
Might still be an overpay but not as dramatic as people predicted.
- johnnyanmac 2y agoI'm reading very different things in walstreet. They want to sell their loans but ofc they want to hype up the valuation. Let's see what actually happens in 2025.