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by CuriousCosmic 1322 days ago
From when twitter went public(2013), the deficit decreased every year and eventually the company ran a measurable profit in 2018 and 2019. It ran red in 2020 but since then has been making a profit most quarters. This seems to indicate that while they weren't running on great margins, they were above board even if just barely.

https://www.statista.com/statistics/299119/twitter-net-incom...

And the $4 million/day is from the debt incurred by Elon's purchase.