In which year will Twitter/X first turn a profit, post-2019?
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34
Ṁ34402029
1D
1W
1M
ALL
1%
2023
1%
2024
46%
2025
8%
2026
2%
2027
1.9%
2028
40%
Later / Never
Twitter hasn't been profitable since 2019: https://www.businessofapps.com/data/twitter-statistics/#twitterprofit
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Note that EBITDA can be positive but the company not be profitable. The interest on the loans is likely substantial.
Still sounds like progress being made.
https://x.com/Austen/status/1887363437518270757
Remember how Elon bought Twitter and totally destroyed the company through his own hubris? (At least that’s what I read).
Turns out it’s not only profitable, but profit has doubled since he took it private.
The loans are selling at 97 cents on the dollar. They did it.
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