The New York Times has gained insider information on the current advertising revenue for the social media platform Twitter. [Article Here] Ignoring the nonsense narrative engineering and just focusing on the data itself, the revenue side for Twitter is half what we previously estimated. This makes the overlay for decisions on platform content even more stark.
According to the data, ad revenue for the month of April was a lackluster $88 million. That’s a pace of just over $1 billion a year. With a pre-Musk operating expense of $4.5 billion, and pre-Musk revenue at $4 billion cited by the Twitter owner as the backdrop, here’s the outlook.
Assuming post Musk labor cost reductions saved $500 million, a decline in revenue to $1 billion/yr would be a $3.0 billion deficit, to wit you would need to add the $1.5 billion in debt service as part of the investor buyout structure.
That puts Twitter into a $4.5 billion loss ballpark per year.
This is the high end of what Musk previously estimated in public statements. Now we see why.
(New York Times) – Twitter’s U.S. advertising revenue for the five weeks from April 1 to the first week of May was $88 million, down 59 percent from a year earlier, according to an internal presentation obtained by The New York Times. (read more)
$1 billion per year in advertising revenue is a whopping 75% loss from the claimed $4 billion in revenue before the Musk purchase. Perhaps the Fidelity estimate of company value at $15 billion is closer to reality.
If the value of Twitter has dropped to the $15 billion level, that means almost all of the $30 billion in personal equity Musk put into the company has been lost.
Current investor debt is $12.5 billion, with $1.5 billion in debt service/yr. A valuation of $15 billion would only leave Musk with around $2.5 billion in equity position. If the valuation is accurate, Musk personally would have lost around $27.5 billion in this Twitter platform purchase.
The last time I outlined the Twitter financial position, several people took exception to the data as shared. However, the data is from Elon Musk himself, and I will again post the video at the bottom of the article.
Revenue is now Elon Musk’s #1 priority. All other platform decisions are going through the prism of financial viability.
Twitter CEO Elon Musk has provided some convincing commentary about his willingness to forgo revenue in order to retain “free speech.” However, more recently he has qualified that outlook by saying, “Freedom of speech is not the same as freedom of reach.” Musk noting Twitter will block, remove, censor, shadow ban, deboost, downrank and stop content from amplifying based on the determination of those in charge of Twitter content.
This controlled “freedom of reach” perspective, which is really shadow-banning in practice, is generally accepted and now admitted. Against this backdrop, it becomes important to understand the priorities of the platform to understand the guidelines of the platform. Within this context the financials are key to understanding what elements are included within “approved content.” {GO DEEP}
Twitter is now a private company, therefore understanding the financials of Twitter is a little more challenging than when they were required to post their financial statements publicly. However, Elon Musk gave an interview with the Babylon Bee yesterday and revealed some of the internal financial challenges. [VIDEO HERE] I am going to summarize the status of the Twitter financial position according to what Musk himself revealed.
♦ Twitter was initially purchased by Musk and his investors for around $44 billion. The company now estimates its value around $20 billion. Last week, the mutual funds giant Fidelity, which owns shares in Twitter, valued the company at $15 billion. Bottom line, Musk grossly overpaid.
♦ Musk put roughly $30 billions of his own net worth into the purchase and financed the rest.
♦ Current outstanding debt on the financing for the purchase is around $12.5 billion. Per Musk statement.
♦ Current debt service, interest on the loans (from investors), is roughly $1.5 billion/yr. $120.5 million per month for debt service. Per Musk statement.
♦ Previous revenue (when public) was roughly $4 billion/yr. Twitter was generally breaking even.
♦ Advertising revenue, as a result of changes in industry in combination with concerns about Twitter, are “half” what they were during the acquisition phase, per Musk statement. That puts current advertising revenue around $2 billion/yr. Per NYT report that’s now $1 billion/yr.
♦ Per conversation, current status of Twitter is -$3 billion/yr and could be as high as -$4 to 5 billion/yr.
The NYT revenue leak now makes the top side of this scale make sense. If $4 billion in revenue was generally the breakeven point (before acquisition), and now they have $2 billion $1 billion in revenue and $1.5 billion in additional debt service [as they trim operational costs (including labor) to offset].
♦♦ For the bottom line to be an operational loss of $3 to $5 billion (est) per year, Twitter is generally losing around $300 million per month.
♦ There is only so much Tesla stock Musk can sell to support Twitter. He has limits. Per conversation.
♦ Twitter has around $1 billion in liquid cash available. Per conversation. With a burn rate of $300+ million a month.
Twitter is in locked contracts with AWS and Google cloud services through 2025 at roughly $300 million per year for both [AWS $100 million, Goog $200 million].
Twitter Blue subscriptions are around 180,000 users, paying $11/mo. That’s around $2 million a month; pittance in comparison to what he needs.
There’s your prism for platform content!
Elon Musk needs revenue desperately.
Twitter urgently needs advertising revenue.
Without revenue or acquisition of another platform (with assets) to offset the current status of Twitter, it is only a matter of time before some form of bankruptcy. [Note, Twitter investors are backstopped with Tesla/SpaceX as collateral against default.]
The tightrope… Elon Musk must appease the Google advertising control agents and adhere to content rules and regulation (DEI etc.) in order to maximize his revenue. That’s where Linda Yaccarino comes in as a critical player.
Bottom line, Musk has to make decisions through one prism, THE ECONOMICS. Musk’s decision-making, pro freedom or not, is constrained by this financial dependency. Hence, a lot of the platform censorship elements remain (including some personnel) and now the outreach to appoint Google/WEF approved Linda Yaccarino in an effort to enhance the revenue.
When you are perplexed about Musk decision making…. THERE’S YOUR ANSWER.
The recent relationship between Elon Musk and the Rupert Murdoch media enterprise, now makes even more sense.
And just in time to bury the illegal indictment news, we have Musk, and this!
Ya know, there are actual stories out there. Mot everything is a distraction. Grow up
I’ll bet my stocking heel I’m older than you are! Yes, its a distraction, but how big of a distraction are they going to make it? That is what I look for, and then I look elsewhere!
Agreed! 100% agreed! They were theorizing a few years back that aliens would again come up! Lol. All we need is Jesus. More people need to turn to him!!! Just pray!
What are you going to think when the motherships come in ?
Extra terrestrial, or extra dimensional ?
There is a valid reason this is coming up now.
Anyone familiar with the great deception ?
Pope satanicus says they don’t need salvation as they aren’t subject to original sin…….
Yet they are original sin.
Dogs and ponies-OUT! Elephants on tricycles-OUT! Donkeys on roller skates-Out! Space aliens-IN!
Don’t they realize how transparent they are?!!
Whether you believe in extra terrestrial creatures or not, this latest Deep State ploy stinks. Not amused.
Clif High predicted they would play the alien card in the summer.
They need to scare people. Fear makes people easier to control. 6 months to a Presidential election year and they haven’t gotten rid of President Trump yet. And their DeSantis dream is fading to black.
Cue aliens. Next flying monkeys.
Back during covid we were joking about September but seems they were able to delay things a few years…
Gigantic Meatball colliding with Earth in December?
Ya, but at this rate.. more like 2027..
I wouldn’t say DeSantis is gigantic, but he is a meatball. He is colliding with earth in the form of a giant faceplant. So we do get gigantic, meatball and collision in there. Just in a different order than predicted. Kinda like his speeches.
Godzilla Devours Gigantic Meatball. Film at eleven.
See? Told ya! Relax, God has got this. Turn to Jesus, seek his face and righteousness, and pray for healing………
I keep hearing from Christians that ‘God is in charge’ and ‘leave it to God’. No. That is called complacency. That is what got us here in the first place my friend.
God made us strong, God made us to be warriors. Lift your voices and be heard my friend for evil triumphs when good men do nothing..
You can pray all you want.. But eventually David had to pick up that stone and face Goliath.
I totally agree with you about complacency and apathy. I am a Christian, but I believe we should take part. I think God says to us, “I gave you the vote and what did you do with it?” God gives us every opportunity to help ourselves but if we are waiting for another Red Sea experience, I think we are done. We need to get off of our duffs and do our part. It is believed that over 20 million voters did not vote in the last election and that is why the GOP came up so short, plus the RINOs didn’t help any either.
Agreed!
Take me to your leader…
* * * Brilliant * * *
I say The People arrange some honey traps of their own. You do have lists of names, right?
I feel myself becoming Torquemada. This time, not the Jewish people but the dirty dog scoundrels in the government of MY country.
Black leather and arm bands suit me fine. Let me at em. Let me at em, I say!
Funny because Ingraham was flogging the Space Aliens.
MP,
You would have made a fine PSYOPS soldier, or maybe you were!
Always good product development, graphics (old school A-V team), & Op Det deployment (albeit thru new school cyber distribution).
Got all 3 major areas of old school team composition covered.
Am always amazed by your work!!
Perfect!
that about does it.
Aww come on! Our government would never lie to us, RIGHT?
I don’t know, but I just watched the link with Liz Vargas as the host regarding the UFOs. The ex-Airman needs more schooling in the dramatic arts. You can see and hear how desperately he wants you to believe his story, even with his poor acting skills. Just my two-cents.
Seems as these interviewers are all Brits or Aussies with accents. Where’s America on this? There’s never anything like what we know. Are these crafts made of steel or plastic? Are computers involved or are they passe for this generation? Never a clue as to what they have that we know nothing about? Isn’t science wonderful? This interviewee sounds/looks awful cocky! No awe or reverence shown! I’m smelling a rat!
I don’t trust anyone with the Government or Congress! Where’s the scientist interviews? How come we stopped putting a man on the Moon? You would think that would be a ripe environment for working with a new frontier! Nada, zip, zero! Are we getting dazzled with brilliance or baffled with BS??? Looking like the latter, no?
B with b. I agree!
So many sycophants called obummer brilliant when we knew he was as un-American as he could be. I’ll never forget that.
You mean the un-American Kenyan rabble-rouser. He sure turned American politics upside down and is still at his antics today not far from the seat of power. He rakes in mega-millions of dollars for all the damage that he does and the American people love him for it. Go figure.
Perhaps it’s only a ratty excuse to take minds off the Biden bribery scandal or to cover over the massive amount of mocking in cartoons and commentary over his last big FALL?
Whistleblower stories about aliens and UFOs are intended to mute and discredit the Biden bribery story via a whistleblower.
Ouch.
Worst case of buyer’s remorse in history?
Sounds like he fell for a honeypot.
Not like there was no publicly available knowledge of Elon’s big plans for a one stop shop, i.e. an app for everything.
Looking like a pipedream, now.
If he’s losing $ now, how is he going to add content or functions?0
Maybe Elon isn’t as smart as he thinks he is.
Hear! Hear!
I don’t know. Rumor has it that Elon is about to latch onto the Murdock teets. Elon is pushing Desantis and Murdock is a never-Trumper so the two just may find some common ground. You know the old “you scratch my back, I’ll scratch yours”. Maybe Elon has found some wind for his flagging sails.
Or a ‘deal’ he couldn’t refuse.
They must have Elon by his Teslacles.
“Shocking!”
Perfect! He can now blackmail the DHS ……no?, just trying it on.
How did Twitter generate 4 billion annually before Musk’s purchase? As I read this he lost 2-3 billion in pre-purchase revenue. Did establishing open content cost that much? Was Twitter getting secret funding from other sources?
Curious.
Other than a social control outlet of the corrupt US Government, not sure what is lost if the entire platform folded. Strange, I’ve lived just fine without being on it.
yes, government sources… the corporations, blackrock and vanguard, et al – take note of the shrinking gap between gov and corporations, banks etc
fashism funded pre-musk twittter
Where’s the proof of that?
Certainly we’ve all speculated that the 4th branch funds Twitter and other social media, but Musk would have seen that in the financials. Having access to all the internals now, he would know exactly who/what companies are no longer providing revenue to Twitter.
So- was it all the woke ad money that went elsewhere, or was it the government? We don’t yet know, unless somebody leaks that.
I hope it takes him,Telsa,SpaceX and Twitter.
I saw somewhere that SpaceX is close to the southern border, and mostly unprotected.
I say we keep Space X to send people on a one way trip to Mars. Or the Sun.
Some genius, that Elon..
Its all staged BS
Deflective PSYOPS
Good. I hope it implodes. Twitter is not worth saving.
It’s strange that they haven’t already moved to a subscription model. If CTH comments are any indication, there’s no shortage of Twitter addicts.
Makes you wonder if the pre-sale ad revenue was to purchase bots to influence consumers. When Musk started asking difficult questions about whether Twitter was maintaining legitimate accounts did he scare off advertisers paying for bots to drive sales by creating fake brand-followers?
If Twitter really does command the eyeballs of millions and millions of consumers worldwide, advertisers would want to get ads in front of those eyeballs. But if half those eyeballs were fake and Musk has or had some sort of plan to eliminate them…why would you keep sending Twitter money.
After all, that’s what the Deep State was and is doing on Twitter. Pro Ukraine and pro Vax “voices” commanded armies of loyal followers simultaneously programmed to attack the opposition. Media celebrities have long been known to goose “followers” to improve their brand image.
Fake company, fake followers, fake ads, IMHO.
Fake is the perfect description, indeed.
Yes, makes you wonder what was/ is real.
It is currently the ONLY free speech major media outlet. You will miss it, if it is gone.
“Gab” is pretty decent,way more interesting than Twitter. Not as retarded.
President Trump has Truth Social that is supposed to be a tremendous network from what I hear.
Not really..
nay, pick up The Good Book. Way better than twitter and grace through faith guaranteed!
Truth Social
No. I won’t. I don’t use Twitter. I have never used Twitter. And in ABSOLUTELY NO WAY do I consider Twitter a free speech platform.
Twitter is altogether evil. Cast it into the fire. And while you’re at it, pitch Fakebook into the volcano, too.
Did we ever get an accurate number of the Bots?
Ding!
I’d like to see a list of their advertisers. $3B is a lot of money, but it’s chump change to Uncle Sam.
Especially since “Uncle Sam” has no money. Old Unc uses our money and throws it around like a drunken sailor on land leave. We need to tighten those purse strings.
Good point on the subscription model, they’re late to that game
I think it’s interesting that he doesn’t talk about it any more. I think he’s been told that by the actual owners of Twitter that he will not be permitted to replace their revenue stream with his own. This period of Twitter-nearing-insolvency is the Government telling Musk to play ball…or else.
musk bought a lemon.
Syndance wants the old twitter back
That’s what it sounds like. Cozying up to the NYTimes.
Sounds to me like he’s asking the right question: just exactly who was “advertising” on Twitter?
If Twitter isn’t a government operation, and Twitter users are real, then the steep drop in ad revenues makes no sense. Politics alone can’t explain it.
BUT, if Twitter is largely funded by the Government, and you start releasing all the data showing it’s a government op, and you fire all the Little Red Book carrying “former government officials” who work there, suddenly the ad revenue dries up.
Enter Linda Yaccarino. The “advertisers” – government – needs their control mechanisms back.
BTW, as Sundance often points out: who usually leaks to the NYT to advance their narrative?
The FBI. The same FBI dictating content on Twitter.
Elon certainly seemed to be ‘whistling a different tune’ immediately after his rocket blew up. Senator Chuck Schumer warned “guvment” has ways to make one tow the line.
President Trump told him not to buy it.
Listen to President Trump!
Yea because truth social is really kicking it.
Yes, cuz government subsidized infrastructure necessary to an election year is so precarious these days…
Elon Musk, the alleged world’s richest man, ain’t all that smart.
The richest men are Saudi oil shieks and royals, each with 5 trillion dollars.
Just wondering out loud… Is Twitter expendable?
A Chapter 11 bankruptcy filing (reorganization) might potentially reveal information about Twitter’s operations that certain parties would rather not be revealed. (Look at how Durham left that nugget about the McCabe transcribed interview in a footnote). Try as Twitter might to be careful in its filings, one little slip-up is all someone like Sundance or Techno Fog needs to drive a truckload of truth into the open.
Def this. It’s all govt run behind the curtain as is fakebook
Wondering if an “accident “ will happen and all the
servers will be destroyed.
Musk gained fortune with subsidies provided by the American taxpayer. No skin off my a— if he locks the doors tomorrow. And take that electric bullshit car and shove it.
I hate Teslas and Prius’. They all drive like old ladies.
The Prius is especially irritating.
If you don’t have to depend on an electric car,and have a fire suppression system where you park it,they are swell.
Consider: This is a government agency. Money losses don’t matter.
Was this a real purchase? Did Jack Wackjob really get all that money?
Is Musk really this stupid and naive? Is the government going to bail him out and get total control?
No, no, no and no.
Jack didn’t own Twitter. The shareholders did. Jack owned a lot of stock as CEO.
Jack is the second largest shareholder in Musky’s Twatter. He rolled his stock over from the sale of Twatter.
Which tells you Jack was too busy in Thailand to be a serious CEO.
The BIGGER news is that this loss in advertising revenue while the user base has remained steady proves Sundance’s “magic coffee shop” theory.
If the users are still there mega corps would still advertise. On the flip side if the advertising was all a payoff scheme… well then.
Wokester corporations stopped advertising to punish the free-speech aspirations of its new owner.
Woke is not wise, it’s weird and nonsensical and spiteful.
Sounds like many of the commenters here are aligned with those wokester corporations.
This is your third comment that I have read following this post by Sundance about Twitter..you are tiresome and tedious and boring and annoying in each of your brilliant contributions.
Thank you!!
God Bless.
You are correct. Dude has yet to post anything substantive on the who and why vis Twitter finances that is the focus of the post.
Such a laugh, have you actually READ the comments on this? Very little if anything except supporting the NYTimes/Democrat demonization of Musk.
And here is another one.
Elon The African was recently feted by Red China as if he was Head of State, Rock Star, and Our Bestest Friend Ever, all rolled into one. They gots money.
Right. Again.
I want to see soon a sign: “Sundance for Special Prosecutor”
If Twitter ceased to exist tonight the world be better off.
If the internet ceased to exist tonight the world would be better off,…after an extended period if extreme chaos.
I would have some CTH withdrawal, but yeah,….definitely better off.
I have to disagree. The world did the same things pre Internet, just with less reach.
I love the internet as a communication media because it has allowed many alternative voices you’d never hear about otherwise, to become known.
Imagine if there was no internet and:
– Covid occurred
– Trump was indicted
Just those 2 things alone, we’d already be lost as a country, as the DS would push the narrative relentlessly across broadcast TV and you would never hear anything different.
With the internet, we have the ability to find or form alliances with likeminded people and disseminate truthful info to counter the narrative.
All in all, I’m going to say the internet is invaluable. And as always, what you do with it reveals exactly who you really are.
Stripping away everyone’s “inner monologue” has done more damage to society than any technological innovation in the last 100 years. Social media, is a cancer on society. Twitter took that cancer patient and gave him crippling ADHD.
Oh, and it’s all fake. Social media is fake. You’re shown what people want you to see and you can say only the things the powers that be want you to say.
We hate each other more. Spit on each other more. And we sit behind the safety of our keyboards saying things people had the decency to keep to themselves 30 years ago.
Twitter, and social media in general, has atomized society, fostered a nation of strangers, and accelerated civilizational collapse.
Their logo is a SPARROW. There are no people worth knowing in this world who have the brains and attention span of a sparrow.
But hey, here’s a clip of some attention wh@re “owning” a Democrat! Boom! Bombshell!
Maybe there’s a possibility of Twitter being a loss leader for Musk.
If he gets SpaceX designing the government rockets, plus he gets his ‘camel nose’ under the military contract tent.
Besides he’s got to be a little interested in hypersonic missile, & laser attack weapons.
Sobody might just throw him a bone…
Sure,…..why not? It already is for government’s pathological need for control.
I don’t recall that the Musk ’empire’ had any success long term, without taxpayer monies.
Cut the purse strings and let him beg on the Rich Man’s streets. They have always coddled their own, for favors past and present.
Bingo
YOU’VE GOT BILLS!!
AOL loses Ted Turner and $99 billion – CNET
Yawn
You, courtesy of fedgov, are paying Twit, Facial, and other.
The need to disclose the finacials should only be to disclose the amount of grift – I say grift – in the payouts to the aforementioned. There is the focus; who’s in on it and for how much? By ‘who’, I mean your elected ‘representatives’.
I’d bet the REAL numbers for Tesla and SpaceX are equally dismal. Factor in hundreds of billions in capital, intellectual property, facilities, manufacturing, and core technology given to Musk and you have a money pit the size of the Grand Canyon.
Musk has been propped atop critical monopiles that drive the globalist agendas. Neo-Fascism’s pretty boy.
I’m no Musk apologist but at least Musk produces viable rockets. What does the multi billion dollar money pit called NASA produce?
Musk’s rocket could not even clear the launch pad. NASA contractors accomplished more in the 60’s.
The essential core technology of any rocket is the motor. Musk did not produce his. He was given the latest generation motor. How? Why would all of the private contractors and government agencies surrender that to Musk?
And then there are the launch facilities he did not build. The worldwide tracking systems – how did he get all that? Half a century of space system technology built by dozens of aerospace companies under contract to NASA were just given to him – why?
note: I am a engineer with expertise building launch systems, as was my father. I’ve have worked for and with many space contractors. Musk is a globalist puppet – albeit a very brilliant one.
Your comment seems pretty astute, good questions.
Why do you assume Musk is very brilliant? He looks and speaks like a nearly retarded socially awkward half-wit throwing out catchphrases with no substance, and that’s nothing new.
Musk is basically doing election interference with Twitter to support DeRino vs Trump.
Let DeRino backers bail Twitter/musk out.
Until musk becomes apolitical with his news source outlet …I don’t care about him anymore.
SD your original assumption, that Musk is a controlled entity brought in to terminate the controlled entity of Twitter, seems to be correct.
CIA buys out DHS/FBI
So NOW you believe the NYTimes. Make up your dang mind.
…the FBI largely uses the NYT to do its narrative engineering.
It’s not an accident that the NYT is getting this info.
You haven’t read here much, have you.
No read a lot of the postings, not many of the comments. I’m starting to see why.
The comments on this topic reads like a bunch of lunatics.
“If one does not understand a person, one tends to regard him as a fool.”
“During times of universal deceit, telling the truth becomes a revolutionary act.”
~ George Orwell
“All truths are easy to understand once they are discovered; the point is to discover them”
~Galileo Galilei(1564 – 1642)
Why don’t you go back to claiming Trump colluded with the Russians…? Lol. Project much?
The way I see it, it was all done by design.
Under the background that “Elon bought Twitter to save free speech”, he is now seen as a hero.
The spying, selling of our data, and propaganda, continue, but now is done by a “hero”, not the government.
Twitter served its purpose and Musk it would seem has played the useful fool. Now it must be burned to the ground.
Musk can always put Twitter back on the stock exchange and raise capital that way. It’s obvious though as this post makes very clear that he is using a Leftist as marketing director to assuage the advertising boycotts –it’s a smart move as the Marxists control most of the corporate money now.
He could also go to a subscription service. With a quoted 395M active monthly users, a $10/mo subscription (less than Netflix) closes the ad gap. A $5/mo fee makes them solvent.
Assuming there are 395M users, that is. Lol
But if you go to a subscription service, you don’t need government money and they lose control, so that idea gets killed.
She hasn’t even started her job with Twitter yet!
$44 billion is a bargain if twitter’s closure drains the Intelligence community of one of their biggest assets.
Rounding error
The ‘suspicious cat’ in me then asks: how does the ‘richest man in the world’ make such a stupid decision???
It was already observed and commented on long ago – note the chapter and verse, ironic:
Ecclesiastes 9:11 (KJV)
11 I returned, and saw under the sun, that the race is not to the swift, nor the battle to the strong, neither yet bread to the wise, nor riches to men of understanding, nor yet favour to men of skill; but time and chance happeneth to them all.
This is NYT after all. Who do they spruik for again.
So….same as it ever was. Follow the money.
So much for leaning on the profit model to secure free speech. Twitter should be a public utility, but NOT before the Deep State is splintered into a thousand pieces.
I’m calling it Iceberg Fascism.
Underneath the Pfizer and Moderna ‘private bit’ you have the govt handlers of DOD, HHS, DARPA providing direction and subsidy. Op Warp Speed was a psyop to introduce long-developed bioweaps under the guise and lexicon of ‘vaccine’, ‘virus’, etc. Conscripting Big Pharma as frontispiece added to the realism. Trump was probably an early dupe, but his protracted silence does him no favors.
Underneath Twitter, same thing, except NSA, CIA and FBI.
Nothing runs at scale anymore without Big Brother holding the reins.
The Republic? Rescinded. Capitalism? Rescinded. If you’re waiting for a national referendum or a WaPo headline to formalize the obvious, you’ll be waiting a while.
When are the Little Greys gonna formerly disclose themselves to us like they do in the movies? Same thing. If they exist they’ve analyzed the power structure, saw self-governance for the bumper sticker it is, and commenced discussions with the people that matter.
white rich africans need to be deported
there is something fishy in the timeline of the revenue losses. When did it all happen?
The Slimes say it was down 59% from a year earlier. But Musk bought twitter during the time period included, April.
If the previous revenue was $4 billion, $1 billion is a 75% drop.
if $1 billion is a 59% drop, revenue was ~$2.5 billion.
When did the first $1.5 billion drop in revenue occur?
😂😂😂😂😂
Future potential scenario (without government bailout):
1. Twitter financials continue to deteriorate, stagnate, or only increase at a pittance;
2. Twitter becomes increasingly delinquent on debt service or other outflows, or defaults;
3. Credit rating drops driving interest rates higher raising service levels even higher, while simultaneously stock market drives down values of other public entities under Musk leadership;
4. Scrutiny increases on Musk’s other endeavors causing concern amongst investors resulting in devaluation of those assests;
5. Musk is forced to liquidate positions in other companies to service the debt, further devaluing those publicly traded companies;
6. Values of other companies implode after 4 & 5.
Then, POOF 💨💨💨!
Receivership in the courts!
The house of cards built by the business ‘genius,’ Musk, is burnt 🥵 down to the ground!!!!
Trump – no plot against thee shall prosper!
The Lord sure does work in mysterious ways!
😂😂😂😂😂
Begone e-lon.
As an aside, it would be interesting to know the amount of ad buy delta in other media–Recessions/depressions mean companies are cutting back and ad buys are probably being reduced in all companies.
NYT…… WHY do people think they have any credibility……
I have never been on Twitter, Snapchat, etc. I read the CTH, read books, work and hang out. The saga of Twitter and Elon is part of the “look squirrel” while the country burns.
It’s all about the money… there are Trillions at stake…
Twitter was never a legitimate company. It was always an FBI shell corporation. https://www.nairaland.com/attachments/16645709_tinatoonfbirobberytinatoon_jpeg9f67d4d927fb9ae99b1630ef07c5e233
Tucker had better rethink his partnering with Twitter and it’s times to wave goodbye to this experiment in bullshit and sign up with TruthSocial.
Elon Musk will use his Twitter losses to offset his tax bill. Soon the leftists will be proclaiming ” The richest man in the world pays no TAXES! “.
Sundance,
I found the CTH website by happenstance in 2015-2016. I don’t use twitter. But, I do go to CTH twitter address to read the CTH posts and discussions with others. Once twitter explodes from being debt ridden do we have another place to meet up?
I do so enjoy your sarcastic agreement rebuttals to the RDSimps.