When Elon took over Twitter he told investors he'd triple ad revenue within 5 years. It's now been almost four years... and he's wiped out 2/3rds of the ad revenue (basically revealed in footnotes to SpaceX's earnings).
@techdirt.comSpaceX’s Earnings Show Elon Wiped Out Two-Thirds Of Twitter’s Ad Business
When SpaceX filed for its IPO, we went through the S-1 to point out just how far off the mark Elon Musk's...
https://www.techdirt.com/2026/08/10/spacexs-earnings-show-elon-wiped-out-two-thirds-of-twitters-ad-business/
techdirt.com
SpaceX’s Earnings Show Elon Wiped Out Two-Thirds Of Twitter’s Ad Business
When SpaceX filed for its IPO, we went through the S-1 to point out just how far off the mark Elon Musk's predictions about his Twitter takeover turned out to be. Indeed, the failure of Twitter as a business was so catastrophic, Musk had to hide it by merging all his Xs together: he had...
