Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a “heavy debt load,” the platform still has a negative cash flow.
He’s negative after not paying rent, his server bills, and firing everyone then not paying severance. That leaves $1.2B in interest per year plus whatever salaries he’s actually paying. They made $5.08B in 2021. It’s probably down a shitload more than 50%.
let’s shoot for 60%!
Why stop there? 70% is just right there for the taking.
You guys are thinking too small.
-200% and beyond. Twitter liquidates and Muskyboi needs to pay debts off using his personal wealth.
This is why I’m not a billionaire. I just don’t have that billionaire mindset.
He’s negative after not paying rent, his server bills, and firing everyone then not paying severance. That leaves $1.2B in interest per year plus whatever salaries he’s actually paying. They made $5.08B in 2021. It’s probably down a shitload more than 50%.