re: X/Twitter is already cash flow positive per a Bloomberg reporter

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It has been 22 years since that has happened

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It didn't happen, then. The Clinton/Gingrich "surplus" is a myth. It didn't happen. There was an "on paper" balance/surplus, but the debt ultimately went up, so it was bullshite accounting tricks at best.

At worst, they lied to you. The last "surplus" surplus (which means the debt actually went down, however slightly) was under Nixon.

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Six Months Ago NPR Left Twitter. The Effects Have Been Negligible

A lot of people threaten to leave Twitter. Not many of them have actually done it.

Last April, the company gave NPR a reason to quit — it labeled the network “U.S. state-affiliated media,” a designation that was at odds with Twitter’s own definition of the term. NPR stopped posting from its account on April 4. A week later, it posted its last update — a series of tweets directing users to NPR’s newsletters, app, and other social media accounts. Many member stations across the country, including KUOW in Seattle, LAist in Los Angeles, and Minnesota Public Radio, followed suit.

Six months later, we can see that the effects of leaving Twitter have been negligible. A memo circulated to NPR staff says traffic has dropped by only a single percentage point as a result of leaving Twitter, now officially renamed X, though traffic from the platform was small already and accounted for just under two percent of traffic before the posting stopped. (NPR declined an interview request but shared the memo and other information). While NPR’s main account had 8.7 million followers and the politics account had just under three million, “the platform’s algorithm updates made it increasingly challenging to reach active users; you often saw a near-immediate drop-off in engagement after tweeting and users rarely left the platform,” the memo says.

There’s one view of these numbers that confirms what many of us in news have long suspected — that Twitter wasn’t worth the effort, at least in terms of traffic. “It made up so little of our web traffic, such a marginal amount,” says Gabe Rosenberg, audience editor for KCUR in Kansas City, which stopped posting to Twitter at the same time as NPR. But Twitter wasn’t just about clicks. Posting was table stakes for building reputation and credibility, either as a news outlet or as an individual journalist. To be on Twitter was to be part of a conversation, and that conversation could inform stories or supply sources. During protests, especially, Twitter was an indispensable tool for following organizers and on-the-ground developments, as well as for communicating to the wider public. This kind of connection is hard to give up, but it’s not impossible to replace.

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Maybe worth a read?

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He'll have to find other ways to Anti-Crist.

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The president is a puppet. We’ll all be chipped soon enough and see what real ultimate power is.

Hear me out here, but if we are all chipped and use X as a primary method of communication, then how far off would we be from telekinesis?

Hell, most people under 30 only want to communicate non-verbally (text/SMS, emails, etc) anyway. Him developing the chip, owning the biggest messaging service, developing transportation vehicles, and pushing for galactic travel really makes me think aliens are evolved humans time traveling. Maybe he’s some sort of alien Jesus figure they/we sent trying to nudge us in the evolution. Some sort of alien Christ. Maybe an anti-Christ?!

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remember a lot of people saying he would lose that $44 billion and how dumb he is.

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If after making all these cuts he can't even service the debt, he is losing a lot of that $44B

For comparison, If Elon put that $44B in 10 YR Treasury notes he'd be making about $2B per year in profit


If you can't beat a Treasury, you are in a bad place. Hard to imagine people would choose to invest in twitters future instead of a Treasury.

"X is already cash flow positive not including the cost of servicing debt."

Lol, that's NOT cash flow positive. And being cash flow positive at the back half of 2024 is just a claim by Yaccarino, not a fact.

The debt service payments are massive and then you have to consider ROI...great you are some dollars into positive FREE cash flow...how long to recoup your $44B investment...last analysis of the company value was $15B. Long way to go for Musk to claim any kind of financial victory.

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They are down to 1300. They had over 7000 before he took over

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And still trimming the fat.

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Would be much more convincing/compelling if he just said "I really didn't care about entry price, I knew the principle at stake was important, so I picked my spot". I kind of think he has said something in that direction before.

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He has. He has said he overpaid. He is addicted to social media attention, he wanted to own it and bought it (with a little push).

wrong again

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wrong again

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He's wrong quoting a news article in direct support of his correct point?