Elon blocked me on Twitter. Then he suspended me for reporting on it. Between all that, @kateconger and I decided to write a book on him, his takeover, and everything that happened. CHARACTER LIMIT comes out in September. You can pre-order it now:

"hero is who code".

from:

gotta wonder why Jeffrey Epstein kept a framed photo of Elon Musk at dinner in his mansion.

RT @MikeIsaac: here is a story about Sequoia Capital, the preeminent venture firm in Silicon Valley, and how a power-tweeting partner lande….

Elon rn

Following Linda Yaccarino's departure today from X, there was an impromptu business-side meeting led by an exec who had joined 10 months earlier. Yaccarino did not appear. Someone who did show was her son, Matt Madrazo, who works on political ads. He told colleague that things

so the day before Elon Musk decides to unveil a new version of Grok, his chatbout is deciding to cosplay as Adolf Hitler. do i have that right?.

@elonmusk And it's not even the first time he's posted about Starlink being available in Chad. He did the exact same post in November. (Spotted by @aaron_krolik)

Despite all his complaints, @elonmusk's first post on X since the House passed Trump's domestic policy bill is about Starlink being operational in a country that he helped cut US aid to. He has yet to say anything about the bill.

RT @JeffHorwitz: EXTREMELY EXCITED to read this book by @RMac18 and @kateconger about a company that I am EXTREMELY EXCITED is not my beat.….

whoops

got this as well. x, owned by a self-proclaimed "free speech absolutist," is preventing the sharing of links to signal.

I'll end with Musk's own words, which he sent in an email to X employees last month:. “Our user growth is stagnant, revenue is unimpressive and we’re barely breaking even.".

As for DOGE, it remains to be seen how successful it'll be. But we do know that Musk is using the same strategy he deployed at X. Over the last few years that has been painful to the company, which has seen a drop in valuation and revenue and been saddled with debt.

If you remove interest, X's financial outlook is rosier. But that is not the complete picture. Surely @elonmusk and @BillAckman, who have reshared the vid, know this. If Musk wants to show X is doing well, he should release audited financial statements. That'll put it to rest.

EBITDA is not net profit. And it does not include interest, of which there is a lot. Musk loaded Twitter/X with $13 billion in debt to buy the company. Here is an earlier WSJ story on X owing $1 billion in annual *interest* alone.

So revenue has gone down. But what about profit, as @the_jefferymead points out?. He cites a WSJ story on X's EBITDA. EBITDA is "earnings before interest, taxes, depreciation and amortization.". 2021 = $682m / 2024 = $1.25b . Looks better, but.

There is no obligation for any brand to advertise on any platform. And when X's leader tells advertisers to "go fuck" themselves or an account with a gold verified checkmark get millions of views while posting hate, advertisers are prob less inclined to spend.