Comment on Could X go bankrupt under Elon Musk?
averyfalken@lemmy.blahaj.zone 11 months agoI mean it was kinda destined to go bankrupt even under rge old owners. It only really ever produced a profit for like six months and was surviving of investor money
squiblet@kbin.social 11 months ago
It was losing money but not a huge amount. They could have made reasonable cuts (compared to how Elron slashed 75% of staff) and been profitable, probably.