Source? Where is that money going?
Comment on Elon Musk’s X is now worth less than a quarter of its $44 billion purchase price
vvvvv@lemmy.world 2 months agoTwitter currently has $1.5 billion/year deficit which is a lot, even for Musk, to bankroll.
Showroom7561@lemmy.ca 2 months ago
thesporkeffect@lemmy.world 2 months ago
Interest on loans, payroll, cloud infrastructure e.g. AWS
Showroom7561@lemmy.ca 2 months ago
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?
reksas@sopuli.xyz 2 months ago
that brightens my day a little to hear