Started By
Message

Twitter/X profit has doubled since Elon bought it and took it private

Posted on 2/6/25 at 12:29 pm
Posted by stout
Porte du Lafitte
Member since Sep 2006
175503 posts
Posted on 2/6/25 at 12:29 pm












Remember how people said Elon would bankrupt it in a few short years?
Posted by Woodlands Tigah
Tejas
Member since Mar 2021
845 posts
Posted on 2/6/25 at 12:31 pm to
Libtards right now...


This post was edited on 2/6/25 at 12:34 pm
Posted by LSUnation78
Northshore
Member since Aug 2012
13374 posts
Posted on 2/6/25 at 12:31 pm to
I regret not bookmarking a number of posts from back then.

If anyone has em….
Posted by ruzil
Baton Rouge
Member since Feb 2012
17904 posts
Posted on 2/6/25 at 12:31 pm to
Well, he is the dumbest billionaire that AOC has ever met.
Posted by JimTiger72
Member since Jun 2023
11371 posts
Posted on 2/6/25 at 12:31 pm to
Yeah but all the libs use blue sky now
Posted by stout
Porte du Lafitte
Member since Sep 2006
175503 posts
Posted on 2/6/25 at 12:33 pm to
quote:

I regret not bookmarking a number of posts from back then.


Dummy c on z was 100% confident X would be gone within a year
Posted by danilo
Member since Nov 2008
23251 posts
Posted on 2/6/25 at 12:34 pm to
Elon: World’s number 1 African American!
Posted by Klark Kent
Houston via BR
Member since Jan 2008
69528 posts
Posted on 2/6/25 at 12:35 pm to
quote:

Well like, he’s like the dumbest billionaire that the AOC, former bartender, has like met, well not like met but like heard of. duh!


FIFY
Posted by WONTONGO
Member since Oct 2007
4356 posts
Posted on 2/6/25 at 12:36 pm to
Half the revenue, double the profit. That's how much wasteful spending was going on. Wild.
Posted by hawgfaninc
https://youtu.be/torc9P4-k5A
Member since Nov 2011
49550 posts
Posted on 2/6/25 at 12:37 pm to
quote:

Libtards

Posted by EZE Tiger Fan
Member since Jul 2004
54299 posts
Posted on 2/6/25 at 12:37 pm to
quote:

Remember how people said Elon would bankrupt it in a few short years?


I remember. None will entertain this thread, but if they do, it will be to question the exact numbers of profit or to whine about DOGE cutting their funding
Posted by The Egg
Houston, TX
Member since Dec 2004
81780 posts
Posted on 2/6/25 at 12:39 pm to
it was never not going to be a big money maker for elon, and that's with these gobs of advertisers that are just now starting to come back and advertise.

From a real-time perspective, there is literally no place better to find up to the second information.

Cut costs very aggressively and run lean.
This post was edited on 2/6/25 at 12:40 pm
Posted by GumboPot
Member since Mar 2009
132617 posts
Posted on 2/6/25 at 12:40 pm to
quote:

I regret not bookmarking a number of posts from back then.

If anyone has em….


I was skeptical when he overpaid and the advertisers were abandoning Twitter.

Then a few things happened:

1. Elon got a cash infusion form Larry Ellison. (Elon could have done it himself but that would have required liquidating some of his Space X and Tesla assets and that is not only a bad look but using his own money would NOT be doing his fiduciary duty for his investors.)

2. Elon opened up X to the formally banned. This really expanded growth.

3. The advertisers came back because they figured out that X is the place to reach an audience.
Posted by Prodigal Son
Member since May 2023
1184 posts
Posted on 2/6/25 at 12:42 pm to
quote:

Half the revenue, double the profit. That's how much wasteful spending was going on. Wild

This is all you need to know understand who is freaking out about DOGE and why.
Posted by RelicBatches86
Florida
Member since Nov 2024
344 posts
Posted on 2/6/25 at 12:42 pm to
misleading, especially when Musk himself said how bad their financial strait is

Only after cutting costs to the bones, twitters earnings ($1.2 billion) are basically equal to its annual debt interest payments—meaning it’s barely breaking even. so, there’s not much room for growth unless X can sell more ads (which consists of 90% of Twitter's revenue). the active user number has been stagnant for 2 years btw

LINK /

“The debt is being pitched with a set of financials showing roughly $1.2 billion of adjusted earnings before interest, taxes, depreciation and amortization in 2024, according to people familiar with the matter. That includes about $400 million of EBITDA on $710 million of revenue in the final three months of the year, an increase from the two preceding quarters that indicates an election-related bump for the social media platform.”

Though that’s, reportedly, what Musk has been pushing, with recent reports suggesting that Musk has sought to motivate X staff to do more, noting in a recent all-staff email that “user growth is stagnant, revenue is unimpressive, and we’re barely breaking even.”

That aligns with the above notes on X’s finances, though Musk himself denies that he ever sent this message.
This post was edited on 2/6/25 at 12:43 pm
Posted by Eighteen
Member since Dec 2006
36404 posts
Posted on 2/6/25 at 1:07 pm to
quote:

Dummy c on z was 100% confident X would be gone within a year


the most confusing point of all the lefts melts about Elon and Twitter is the fact that is was known that Twitter hadn’t been profitable, currently wasn’t profitable, and had no route to profitability when Musk acquired it.

it was already just bleeding money, so anything Musk did or does to it can only help. if at worst it does go under (doesn’t seem likely now), it would have been back to where it was headed from the start.

but instead the purchase also got him a platform with direct access to the President, which has an ROI that can’t even be calculated for how good it is across all of his businesses

This post was edited on 2/6/25 at 6:15 pm
Posted by idlewatcher
Planet Arium
Member since Jan 2012
86430 posts
Posted on 2/6/25 at 2:19 pm to
quote:

Dummy c on z


Not bringing their best
Posted by lungbuster06
Member since Dec 2014
705 posts
Posted on 2/6/25 at 2:22 pm to
No they don’t, those bitches are still all over X. They just use blue sky to communicate their terror threats.
This post was edited on 2/6/25 at 2:24 pm
Posted by SoFla Tideroller
South Florida
Member since Apr 2010
35423 posts
Posted on 2/6/25 at 2:25 pm to
You mean, "CRT on z"
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
74929 posts
Posted on 2/6/25 at 3:55 pm to
I'd have to super dig to see if that's accurate, because the media is absolutely dog shite at reading financials.
first pageprev pagePage 1 of 5Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram