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jsonstein@masto.deoan.org ("Jeff Sonstein") wrote:
gov is next
‘While Mr. Musk ultimately transformed Twitter, reducing staff by 80 percent and minimizing its real estate footprint, its business has declined. Advertisers have fled the site in droves, and at least one investor, Fidelity, estimates the company is now worth 72 percent less than the $44 billion he paid for it.
“Our user growth is stagnant, revenue is unimpressive and we’re barely breaking even,” Mr. Musk wrote in an email to X employees earlier this month’