Twitter Isn’t Making Money. Here’s Why Musk Thinks It Could Soon. | WSJ
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- čas přidán 5. 06. 2024
- Twitter is over $13 billion in debt. Many advertisers like Chipotle and United Airlines have fled. But CEO Elon Musk said the social media company has a shot at hitting profitability and becoming cash-flow positive within a few months.
Here’s why Musk is optimistic about the company's revenue comeback, and how his purchase contributed to Twitter’s cash problem.
0:00 Twitter has not had an annual profit since 2019
0:48 Twitter’s cash flow problems before Elon Musk
1:27 Twitter’s financial situation after Musk purchased the company
5:18 Can Musk turn it around and make Twitter profitable?
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#Twitter #ElonMusk #WSJ
TLDR: There is one analyst that thinks Twitter could break even in 9 months. This is mentioned at end of video at 5:51 and they don’t provide evidence.
The rest of the video basically explains how unprofitable Twitter is and how terrible they have been doing.
Hopefully this saves someone else 6 mins of their life from bad journalism.
Thank you.
You have my thanks random internet people. May you have a nice day.
@@omnijack thankyou brother
Thanks to you i stopped at 16 seconds!
This is true fellowship. Thank you
So... how can twitter finally break even? What a misleading title for a video!
Absolutely right fam
How could they possibly know that? Twitter doesn’t even know that.
@@nothingtosee226 well these bloggers would do anything just to get peoples attention to their pages
Note: The video is nowhere related to the title. I thought I would see graphs or financial statements of how the the additional revenue would make Twitter breakeven. But the video just focused on just showing a bunch of news articles and podcast clips which the audience have knowledge of.
The video literally said twitter could break even in 9 months. That's not bad for a company that was losing $4m a day
@@aboucard93 Nope. I totally agree. But the title you see now wasn't the title when we watched the video. It was totally out of sync with the video.
when Elon says "next quarter" he's talking about 1/4 century not 1/4 year.
1/4 of of every dollar he could have given to his false promises. Meaning never ending
Did you invest in Twitter? Are you a shareholder?
Why did i read the title as "how musk's twitter could finally break, even soon" 💀
Coz that's all they've done: i.e., try to prove that Musk was wrong and will fail.
clickbait is why
Because that scenario is a lot more realistic.
Anyone see the paradox of Elon saying not to trust what we hear in newspapers in a newspaper?
Or is that irony? Is it both?
It’s both.
It’s like people saying “don’t listen to celebrities”, while promoting celebrities they agree with
He didn’t say it specifically to or in a newspaper. The newspaper just picked it up and reported it
@@jtgd He isn't promoting things he agrees with.
It's like saying don't trust the media on what "some celebrity" is like, talk to them and find out for yourself.
@@azzuri09 right but the paradox still exists. paradoxes are hard to come by!!
If Elon wants to raise more money, maybe he could have another yard sale.
He sold Twitter's coffee makers and furniture, maybe he could pull up the carpeting or wallpaper. Copper pipes?
maybe he should sell twitter's toilets and tell his employees to take a dump at the nearby starbucks
He doesn't want to raise more money.
Well with 25% of the workforce you only need 25% of everything else. If he can get money for the unneeded stuff why not?
😂 copper pipes
ElonMusk is a star
4:08 that's a change from the zero response for the last year lol. Wonder if he's just answering them personally.
I was impressed with the professionalism
Well he doesn't have the cash to hire anybody new.
Absolutely hilarious how fast Elmo has destroyed Twitter and bured billions doing so
And his reputation
And he still has to pay the interest and principal for that $13 billion loan he saddled Twitter with.
The interest alone is $1 billion per anum. But that leaves the principal unpaid, which is like tying a millstone around the neck of a sparrow.
The debt is just too much.
I don’t know a single person who is using Twitter. I mean why would they? How is this company worth anything?
4:08 that's some pure Elon Musk right there. Hilarious!
Hahaha epic maymay. 💩💩💩😂😂😂😂💯💯💯👌👌👌
It’s fascinating how Elon Musk saddled Twitter with a $13B in debt when he bought the company for $44B! @ 1:30
Pre-purchase quarterly interest payments: $51M
Post purchase quarterly interest payments: $1B
Think the 20B valuation could benefit as a tax write off??
If the like to dislike ratio would still be visible we would all have skipped this video.
I don't understand how it cost 5.5 billion to run the company.
Let’s that sink in : jack & Block just got screwed by Hindenburg R
how? advertising in cnbc
Instagram was just started by 13 people, Even if IG was an independent company today, It wouldnt need more than 5k employees.
Exactly. When it sold to Zuckland, it had only 30 employees. More employees doesn’t always mean better… unless you are in the government where it’s just a flex.
13 people did the basic service. I can create a Skelton of that on a weekend.. but the profit making thing is scaling, recovery, managing advertising, tools to monitor reach, legal terms for each country, moderation, security, privacy, regulations etc. I think only a person who doesn't come from a tech background could say something so silly
@@buttofthejoke Exactly
You think billions of dollars of sales from around hundred of countries and millions of businesses could be handled by 13 people today?
I'm sorry to say this, but ... I wouldn't trust that "reporter" with my kids.
Twitter responding with 💩 lol
Elon will go down for making the biggest business mistake in history.
ok Mr. Nobody
@@abeerhassan97 oh no Mr keyboard warrior 😢
@@abeerhassan97 sadly senpai musk wont notice your dickriding.
which company do you think that will be? Tesla, spaceX, twitter or something else?
@@DB-ub3wx You're the one who acted like a business guru first.
Buying Twitter is Elon biggest mistake. Easily and better and cheaper and faster and smoother to start a new apps platform. Crazy stupid mistake.
thumbs down for bad research and many incorrect statements
And unsubscribed.
CZcams is the king of Social Media.
It has been a while since the name changed but X still doesn't sink into me. It's still Twitter.
The new Twitter blue subscription of $7 will be a big boost
LOL. It's gonna be famous in the US. Not soo much in other parts of the world.
Well. Twitter doesn't have emeralds that could be mined by slaves, so i doubt it will make profit.
Neither did Tesla ...
Or PayPal
@@iii-ei5cv space x too right
Not sure how his father business has to anything with Twitter
Cool
The title was misleading
The WSJ trying to sound nevtral is histerical lol
They care about their profits and free market. But who controls Twitter? Don’t think they care at all.
Hope it does so he can keep starlink going
This guy can't even find a clean shirt for the interview but we should listen to what he has to say.
Oh you mean half value ? You mean its tax time Donald? I mean elon
Maybe require chatgpt users to be twitter verified to get that revenue going
Twitter has no connection with ChatGPT???
Now that Twittter wont allow me to post CZcams vidoes I am most likely done with it.
hit piece masked as good news
the title could have been. How Musk’s Twitter Could Finally Break Even Soon despite Us. lol
You guys are great. Please keep posting your excellent topics.
He’s such a loser
MSM? Lol
Teflon Musk the master of vaporware
Twitter was over-employed for quite a mature platform. It is still over-employed. It could run with 500 people.
How about 5? Including Musk, plus four volunteers. Surely by then they'll be profitable
Instead of focusing on increasing profit, you focuses on cutting costs. Genius idea!
😂So Elon Musk response to WSJ request for comments is the 💩 emoji guess that 44 billion he paid for Twitter still got to sting
Yes cause he insulted my name
Mars - Soon
Hyperloop - Soon
Tesla bot -Soon
Cybertruck - Soon
New Twitter CEO - Soon
New Twitter features - Soon
Soooooon
but when he does something people shout ,it is all done by his employees he did nothing
While Dorsey's lovechild Block stands accused of money laundering by Hindenburg Research 😂
Offensive and inflammatory is by definition censorship
You know what I don't understand, why do people who complain use the service more than others who who don't.
Elon Musk should step down people say, why don't you step down from the company you spent your money for smh.
Wasn't Musk supposed to step down as the leader of twitter? Either he outright lied and we should stop listening to him, or he is irrelevant to the future of twitter and we should stop listening to him.
He lied and he frequently lies.
He has a base of fans so dedicated, they pretend he doesn’t lie and make excuses for his actions
@@jtgd Cry harder.
He never said when he would step down. I'm sure he'll step down as CEO once the company is cash flow positive and the product roadmap is clear. Also, he paid $44b for the company and can do whatever he wants.
@@Sebster85 He literally said he would step down once he finds a replacement. The key is that he's not looking for a replacement, hence a useless lie that's just said again. Enjoy your 2040 cybertruck
@@ezewong290 He literally said he would step down and never specified when. Only you people expected him to step down right away. Given the current financial situation at Twitter, Elon stepping down right away was NEVER the expectation.
Also, why do you all care? Aren't you crying libs thriving on Mastodon? I thought y'all left and Twitter was dying? Now all of a sudden you guys are bitching and moaning that Elon won't quit the company he paid $44b for? Go cry on Mastodon to the 12 liberals that are left there.🤣
BOO "brand safety" WE NEED MORE OFFENSIVE ADS AND CONTENT!!! OG youtube used to be the GOLDEN days
Did the Wall Street Journal seriously use "people familiar with the matter" as a source??? 0:23 Good grief
Musk is a superhero
AWS44X gang in the house! Thanks for the breakdown!
Is it possible to make a comfortable living off only X/Twitter? Without a website or any other social media channels? For example, if you have about 500k followers on only X/Twitter.
One-sided journalism at its finest. Not once were the positive effects of Musk's takeover mentioned.
13 billion down the toilet, that explains his care and common sense.
Thanks for appreciating me
I just want a socially conscious social platform with common sense moderation, not this toxic, cringey, edgelord version of Twitter. Musk is turning it into Facebook. Yuck.
Trust, but Twitter verify.
His next quarter means next year atleast
Well I didn't learn anything new.
I dont get what he means that finding the "question where the answer is the universe". Theres many questions where the answer is the universe.
Where to you find Earth? In the universe
Who is this random WSJ reporter you found on your staff? First, does this guy sound likes he impartial for one second? Second, how is Twitter a more chaotic space now? Context is given to so many posts, free speech is restored and there’s additional features now
Advertisers have been coming back since November. Much more.
I'm still banned on Twitter and they will not let me cancel my account so technically I still count as user even though I cannot use the service.
There isn't even enough incentive for me to join Twitter, nvm Twitter Blue.
You did not answer your question/title. nothing mentioned in the video is new. 👎
Won't use Facebook or Instagram either
"fly little pelican" - Elon Musk
❤
I just use twitter for porn. Lol
indeed,me too. They have no censorship(just nudity 🚫on some)at all,at least there should be NSFW like reddit
Have y'all heard of this whole other side of the internet that's designed for that?
@@raminMTL yup,just binged PH docu on NF
He needs to make sure the people who had the largest followings are unbanned and make sure that the rules allowing their content is applied uniformly across all users. When more followers use twitter, the advertisers will follow no matter what they say publicly.
“Twitter has become more chaotic since Elon took over” 😂😂 clearly not biased
But its true. People simply paying the fee to impersonate other people or companies…sounds pretty chaotic to me.
@@kaym7704
Capitalism could be described as "chaotic" by someone who doesn't economics and why capitalism works while planned Marxist socialism is a disaster everywhere and always.
I wish everyone at Space-X and Tesla would walk away Musk too.
I’d rather buy AWS44X, atom, polka and Optimism!
Soon.
Note how often the word soon is used in Elon's world.
4:01
4:08
The request for comment is 😂😂😂😂
Not happening...moving on.
I don’t have a biased opinion of Elon. However I wonder what happened to speaking when words were free?
wait, what? "believe what you read on twitter and not on the news"? this guy is sooooo desperate....
Who cares about Twitter anymore even I've quit twitter 🤣 🤣🤣🤣🤣🤣
Cybertruck
No longer on twitter uninstalled twitter🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
I've just uninstalled twitter 🤣🤣🤣🤣🤣🤣🤣
Deleted all my contacts on twitter 🤣🤣🤣🤣🤣
Elon musk is a true American patriot. And a very big brain genius. Twitter is in safe hands
Love ❤️ General Elon Musk
❤💯
Where are you chatting from?
misleading title for a then negative report. My opinion of wsj didn't get better, but worse
lol why this feels like a hit piece instead of journalism.. there is no new information on this other than these 5:42 sourceless mere seconds
There is much that musk owns that ACTUALLY MAKES A PROFIT. Wake up..
A few hiccups but mostly smooth running with some subtle new features added for good measure. Not bad for a company with 1/4 of the staff. He also did recently make a payment on the loan. I would say that most public figures, professionals who need Twitter for their work and just about all organizations on twitter are paid subscribers. Worldwide that must be millions of subs.
they said 450,000 in this video, I have no idea how true that is.
Musk looks like Mao Zedong in the thumbnail
The video never explained how they could break even. Absolutely terrible click baity journalism.
this really feels like a paid/placed ad by elon's PR team. title is very misleading, and this "article is very short on facts and long on one man's opinion of his own company. poor journalism.
It should not cost $5.5 billion per year to run such a platform. There must be a huge potential for saving money. 8,000 employees seems excessive. So people really had to go.
Could you please talk about AWS44X it’s very strong and took off in short time thanks.
Well that would be in a more confidential platform not here
the bias in this video is actually crazy
The video questions how Twitter will become profitable. The video concludes it may, but the path isn’t obvious. Seems pretty unbiased.
@@mrb152 speaking more on how they convey musk in the video, definitely seems like they are trying to depict him as a childish and unprovoked individual
@@jonathanclifton3628 he is
Gotta love that piece of 💩 😂😂😂
So this is how he will make humanity stronger
Like most reporting on anything Musk, this contains a lot of his carnival barking taken as serious information.
Go woke, go broke. Ain't that the saying?
What is he gonna buy Instagram next? And call it Y or Z, get tf outta here.
Ignore the stocks and make some moves towards AWS44X that is the best strategy tbh