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Twitter’s US revenue has dropped -83% from $661M in Q2 of 2022 to $114M in Q2 of 2024.
Every attempt Linda Yaccarino has come up with to generate revenue has been scuttled by impulsive behavior from Elon Musk. It’s the greatest destruction of value in tech this decade.
Elon successfully cut 80% of staff without collapsing the site but unfortunately also lost over 80% of the revenue which means negative progress has been made on salvaging X’s business.
@carnage4life the nyt are such gop shills, never asking the questions anymore.
"Once a cash cow, X continues to be a cash-burning vanity project for Musk. To what end was this purchase positive?"