The financial experts who have analyzed Twitter’s financial position since Musk’s acquisition on the company (recognizing the company no longer reports information) have stated Twitter would like be unable to make the first or second quarter interest payment in 2024. At this point the creditors would likely take control of the company or some type of deal be made. Musk basically ran the company into the ground in under a year. On the good news front the the new Twitter CEO (Linda Yaccarino) stated the company may be break even shortly. She did manage to get seven of the top 100 advertisers to start advertising again — but nowhere near the previous volume of ads. Certainly everyone pointing out examples of their recent ads next to hate speech is not helping. Certainly Twitter ditching this week one of its oldest ad formats which allows brands to have users sign up to follow them and provides over $100 Million in revenue each year is not a help either. Another very poor and idiotic decision by Musk.
April 13th, and the NPC told us 2 days later the feed would be only paid accounts and garbage advertising. Now, to be fair, the advertising is garbage, but it's always been so. My feed has actually improved and engagement is not down at all.
Put up a bigger fight against a legal subpoena than autocrats telling him to ban swaths of content. https://www.politico.com/news/2023/08/15/special-counsel-obtained-trump-twitter-howell-00111410 But it took a bruising battle with Twitter’s attorneys in January and February — punctuated by a blistering analysis by a federal judge, who wondered whether Elon Musk was attempting to “cozy up” to the former president by resisting the special counsel’s demands — before prosecutors got the goods. Ultimately, U.S. District Judge Beryl Howell held Twitter (now known as X) in contempt of court in February, fining the company $350,000 for missing a court-ordered deadline to comply with Smith’s search warrant. But the newly unsealed transcripts of the proceedings in her courtroom show that the fine was the least of the punishment. Howell lit into Twitter for taking “extraordinary” and apparently unprecedented steps to give Trump advance notice about the search warrant — despite prosecutors’ warnings, backed by unspecified evidence, that notifying Trump could cause grave damage to their investigation. “Is this to make Donald Trump feel like he is a particularly welcomed new renewed user of Twitter?” Howell asked. But Howell returned to the theme repeatedly during the proceedings, wondering why the company was taking “momentous” steps to protect Trump that it had never taken for other uses. In the hearing on Feb. 7, 2023, Howell referenced Musk, asking: “Is it because the new CEO wants to cozy up with the former president?”
It is pretty clear that Elon is a druggie. Remember this clown requires that his own employees be drug tested. Elon Musk Apparently Didn’t Want To Be Drug Tested, Medically Screened In Fight Vs Mark Zuckerberg https://brobible.com/culture/article/elon-musk-mark-zuckerberg-dana-white-screened/ "UFC president Dana White spoke to TMZ about why the fight broke down, and according to White, Musk didn’t want to deal with an athletic commission drug testing him and getting medically cleared to fight."