Elon said he wanted to move away from advertisers funding the business right as he bought it. It’s disingenuous to use that metric when it’s officially been depreciated as their plan to make money.
A lot of users are paying Twitter directly for the premium version now, and that makes per-user more profitable than what they were making selling ads to those same users.
Whether their new plan is working isn’t clear, but advertisers leaving the platform was a given from the start of the rebrand.
I hate to tell you this, but X makes quarterly business reports like every other company. You are making up a value basis that is polluted by freely given verification. You can see how many millions in revenue they lose quarterly. Their new plan is CLEARLY not working, there’s literal evidence.
Elon said he wanted to move away from advertisers funding the business right as he bought it. It’s disingenuous to use that metric when it’s officially been depreciated as their plan to make money.
A lot of users are paying Twitter directly for the premium version now, and that makes per-user more profitable than what they were making selling ads to those same users.
Whether their new plan is working isn’t clear, but advertisers leaving the platform was a given from the start of the rebrand.
I hate to tell you this, but X makes quarterly business reports like every other company. You are making up a value basis that is polluted by freely given verification. You can see how many millions in revenue they lose quarterly. Their new plan is CLEARLY not working, there’s literal evidence.