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Is X even breaking even at the moment? Last I checked the ad revenue had dried up and boiled off, did they actually manage to cut enough to even it out?

by XorNot 9mo ago

pjc50 9mo ago
Statistia has them at a loss, but varying around breakeven: https://www.statista.com/statistics/299119/twitter-net-income-quarterly/ https://www.statista.com/statistics/299119/twitter-net-incom... But that doesn't matter. It was bought as a toy and propaganda network. It can lose money indefinitely as long as its owner is paid by Tesla: https://www.bbc.com/news/articles/cwyk6kvyxvzo https://www.bbc.com/news/articles/cwyk6kvyxvzo
- direwolf20 9mo ago
  Tesla is also collapsing.
  - jodrellblank 9mo ago
    Musk's net worth was $300Bn in November 2024 and he ended 2025 at $726Bn. ... where is this collapse?
    - baal80spam 9mo ago
      In the lala land. It's wishful thinking on HN. FWIW, I don't have a skin in this game - just observing the facts.
    - direwolf20 9mo ago
      In their sales numbers. You know that market cap doesn't mean a lot, right? Especially for a meme stock.
      - BizarroLand 9mo ago
        His billions of "value" mean literally nothing if he cannot convert them to cash. Let's see what happens if Musk tries to cash out his $700bn. Best guess would be he gets ~$10-$20bn, all of the companies collapse, their value driven to possibly sub-billion dollar ranges, and it triggers the Great Depression pt 2, electric boogaloo, and within a year he's "fallen out of a window".
        hhh 9mo ago
        SpaceX is the only one that matters, and it's doing a huge amount of lifting. xAI loves using LLaMa and deepseek, twitter is a hellhole that somehow is losing on mobile to THREADS of all platforms, Tesla is losing market share as well as sales. It is very fortunate for Elon that Starshield exists, and that we've failed serving our country to the point that we need Starlink for rural areas.
    - kayamon 9mo ago
      It's in the actual currency. It's easy to have a large denomination of dollars if the currency is collapsing due to hyperinflation.
      - baal80spam 9mo ago
        I certainly hope you are not suggesting that USA is experiencing hyperinflation...?
        kayamon 9mo ago
        As if.

Is X even breaking even at the moment? Last I checked the ad revenue had dried up and boiled off, did they actually manage to cut enough to even it out?

by XorNot 9mo ago

Is X even breaking even at the moment? Last I checked the ad revenue had dried up and boiled off, did they actually manage to cut enough to even it out?

pjc50 9mo ago

Statistia has them at a loss, but varying around breakeven: https://www.statista.com/statistics/299119/twitter-net-income-quarterly/ https://www.statista.com/statistics/299119/twitter-net-incom... But that doesn't matter. It was bought as a toy and propaganda network. It can lose money indefinitely as long as its owner is paid by Tesla: https://www.bbc.com/news/articles/cwyk6kvyxvzo https://www.bbc.com/news/articles/cwyk6kvyxvzo

direwolf20 9mo ago
Tesla is also collapsing.
- jodrellblank 9mo ago
  Musk's net worth was $300Bn in November 2024 and he ended 2025 at $726Bn. ... where is this collapse?
  - baal80spam 9mo ago
    In the lala land. It's wishful thinking on HN. FWIW, I don't have a skin in this game - just observing the facts.
  - direwolf20 9mo ago
    In their sales numbers. You know that market cap doesn't mean a lot, right? Especially for a meme stock.
    - BizarroLand 9mo ago
      His billions of "value" mean literally nothing if he cannot convert them to cash. Let's see what happens if Musk tries to cash out his $700bn. Best guess would be he gets ~$10-$20bn, all of the companies collapse, their value driven to possibly sub-billion dollar ranges, and it triggers the Great Depression pt 2, electric boogaloo, and within a year he's "fallen out of a window".
      - hhh 9mo ago
        SpaceX is the only one that matters, and it's doing a huge amount of lifting. xAI loves using LLaMa and deepseek, twitter is a hellhole that somehow is losing on mobile to THREADS of all platforms, Tesla is losing market share as well as sales. It is very fortunate for Elon that Starshield exists, and that we've failed serving our country to the point that we need Starlink for rural areas.
  - kayamon 9mo ago
    It's in the actual currency. It's easy to have a large denomination of dollars if the currency is collapsing due to hyperinflation.
    - baal80spam 9mo ago
      I certainly hope you are not suggesting that USA is experiencing hyperinflation...?
      - kayamon 9mo ago
        As if.