this post was submitted on 06 Oct 2023
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US ad revenue at Musk's X declined each month since takeover -data (www.reuters.com)
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world
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US ad revenue at Musk's X declined each month since takeover -data::Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitter in October 2022, according to third-party data provided to Reuters.

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[–] gmtom@lemmy.world 11 points 11 months ago (1 children)

On the one hand I really want Musk to go bankrupt, but at the same time I don't want him to gut spaceX to avoid bankruptcy.

[–] Viper_NZ@lemmy.nz 4 points 11 months ago

Similarly I really want to see Tesla succeed as it’s really been the driving force behind the industry electrifying.

But Musk is an awful human being, and awful to his workers.

It’s awfully conflicting. Maybe we’ll get lucky and he’ll sell a controlling stake in one or both companies?