[zimpenfish]

Ok, do you have a source that isn't someone known for playing fast and loose with facts, especially financial ones? Anything pre-takeover that suggests they were losing $4M a day? Because it is almost certain that the $4M a day he quotes is likely only due to the $1B a year debt interest Musk himself saddled the company with.

Or do you think it is even slightly plausible for a company to go from a profit of ~$570M to a loss of ~$1.4B in under a year?

[Karunamon]

Pre-takeover is irrelevant. The statement I said was "at the time of acquisition". If you don't want to take the word of the person who likely has the greatest insights on the financial status of a nonpublic company they own, welp, don't know what to tell you.

And regardless of the rate of loss, the fact remains that twitter, throughout its entire history, has been a money-losing operation. Even taking the literally 2 years they were in the black, that doesn't wipe out the other unprofitable years. This seems like one hell of a nit to pick.