Trump + Team = Vance, Musk, Vivek, Gabbard, RFK, etc., have already been busy planning the transition. Today, they ramp up the planning. I expect Trump's first day will be very, very, very busy. He's going to have a sore hand from signing executive orders nonstop. I assume the team is queueing up a very long list of resignation requests from every part of the bureaucracy that will be sent out on day 1.
Remember how Elon fired 90% of Twitter employees - and now X is thriving more strongly than Twitter? This could work for the government!
How will Trump unwind the Dept. of Ed? (This will be the first Department to go, IMHO.) Since it was created by Carter, can he just wave it away similarly?
By what metric? Revenue has declined 19.2% year-over-year in Q1 2024 and number of active users is 15% less than before rebranding to X.
Revenue is down because Liberals and hacks like Media Matters pressured advertisers to boycott X. Elon famously told advertisers to "Fuck Off" for trying to pressure him to censor Conservative speech before the 2024 election. Thank GOD Elon has enough FU money to absorb the financial hit. I expect revenue will turn around a bit now the election is over.
By all accounts, X is running better with more features despite Elon firing over 80% of the staff.
Remember how Elon fired 90% of Twitter employees - and now X is thriving more strongly than Twitter
By what metric? Revenue has declined 19.2% year-over-year in Q1 2024 and number of active users is 15% less than before rebranding to X.
Gross revenue.... Cut costs with salaries and it's not a loss on the net end of the numbers. 15% on the users is not a big deal either. Most were probably dead weight and protest quit X because they don't like Musk. Likely couldn't afford the stuff in ads.
Also I don't think Musk gives a flying fuck about money for himself. He has more than he even knows what to do with it. Put 1 million in your bank. Musk has 100,000 times more than that and that's a low estimate. He has a multiple of what most people make a year on his money. He can collect 1-2% interest to cover living expenses for his family. He can borrow tax free income on his stock holdings.
Whatever happens with twitter is a huge nothing burger.
Monday Afternoon is the next launch. The successful one a few weeks ago wasn't the latest version, they just launched it for data; the landing and capture was gravy.
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Where's the Hamas-Hezbollah-Wagner Lovin' Musk Doubter these days?
Remember how Elon fired 90% of Twitter employees - and now X is thriving more strongly than Twitter? This could work for the government!
How will Trump unwind the Dept. of Ed? (This will be the first Department to go, IMHO.) Since it was created by Carter, can he just wave it away similarly?
Yep, but there will be a judge who will overstep his authority and rule against it until a higher court overturns the partisan decision.
By what metric? Revenue has declined 19.2% year-over-year in Q1 2024 and number of active users is 15% less than before rebranding to X.
Revenue is down because Liberals and hacks like Media Matters pressured advertisers to boycott X. Elon famously told advertisers to "Fuck Off" for trying to pressure him to censor Conservative speech before the 2024 election. Thank GOD Elon has enough FU money to absorb the financial hit. I expect revenue will turn around a bit now the election is over.
By all accounts, X is running better with more features despite Elon firing over 80% of the staff.
OK, plausible.
socal2 says
So why is # of users down then?
I thought a lot of them were bots that he removed.
Gross revenue.... Cut costs with salaries and it's not a loss on the net end of the numbers. 15% on the users is not a big deal either. Most were probably dead weight and protest quit X because they don't like Musk. Likely couldn't afford the stuff in ads.
Also I don't think Musk gives a flying fuck about money for himself. He has more than he even knows what to do with it. Put 1 million in your bank. Musk has 100,000 times more than that and that's a low estimate. He has a multiple of what most people make a year on his money. He can collect 1-2% interest to cover living expenses for his family. He can borrow tax free income on his stock holdings.
Whatever happens with twitter is a huge nothing burger.
Woke Ad Agency bans. It will recover. Active Users? Mass bot purges.
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