GeneralInterest@lemmy.world to Technology@lemmy.worldEnglish · 2 months agoElon Musk’s X is now worth less than a quarter of its $44 billion purchase pricetechcrunch.comexternal-linkmessage-square191fedilinkarrow-up11.14Karrow-down133file-textcross-posted to: business@lemmy.worldtechnology@lemmy.zip
arrow-up11.1Karrow-down1external-linkElon Musk’s X is now worth less than a quarter of its $44 billion purchase pricetechcrunch.comGeneralInterest@lemmy.world to Technology@lemmy.worldEnglish · 2 months agomessage-square191fedilinkfile-textcross-posted to: business@lemmy.worldtechnology@lemmy.zip
minus-squarevvvvv@lemmy.worldlinkfedilinkEnglisharrow-up12·2 months agoTwitter currently has $1.5 billion/year deficit which is a lot, even for Musk, to bankroll.
minus-squarereksas@sopuli.xyzlinkfedilinkEnglisharrow-up6·2 months agothat brightens my day a little to hear
minus-squareShowroom7561@lemmy.calinkfedilinkEnglisharrow-up2·2 months agoSource? Where is that money going?
minus-squarethesporkeffect@lemmy.worldlinkfedilinkEnglisharrow-up4·2 months agoInterest on loans, payroll, cloud infrastructure e.g. AWS
minus-squareShowroom7561@lemmy.calinkfedilinkEnglisharrow-up2·2 months agoThose are mostly operating costs, offset by revenue, but are they actually losing 1.5 billion dollars a year? I mean, I hope so, but are they really?
Twitter currently has $1.5 billion/year deficit which is a lot, even for Musk, to bankroll.
that brightens my day a little to hear
Source? Where is that money going?
Interest on loans, payroll, cloud infrastructure e.g. AWS
Those are mostly operating costs, offset by revenue, but are they actually losing 1.5 billion dollars a year? I mean, I hope so, but are they really?