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X as a whole became more profitable than Twitter last year thanks to a huge surge in US Election traffic and reduction in operating costs. > Its 2024 adjusted
by dmix 11mo ago
X as a whole became more profitable than Twitter last year thanks to a huge surge in US Election traffic and reduction in operating costs.
> Its 2024 adjusted EBITDA nearly doubled Twitter’s best year
Revenue is up 20% in 2025 but profit is lower and revenue in general is still much lower than pre-Musk purchase due to lost advertising but it is still improving slowly. https://www.socialmediatoday.com/news/x-formerly-twitter-saw-lower-ad-sales-q2-2025/760824/ https://www.socialmediatoday.com/news/x-formerly-twitter-saw...
In the UK there was a more serious drop in revenue https://www.theguardian.com/technology/2025/apr/15/x-twitter-profits-uk-collapsed-year-after-elon-musk-took-over https://www.theguardian.com/technology/2025/apr/15/x-twitter...
Not sure about EU