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.

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.

  • gmtom@lemmy.worldEnglish
    121·
    1 year ago

    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.nzEnglish
      62·
      1 year 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?

      • timicin@lemmygrad.mlEnglish
        2·
        1 year ago

        Tesla is a driving force for both the automotive industry electrifying and worsening worker rights, safety, pay, and labor practices.

        Only the bougie and the rich focus on the first part even though the second part has much bigger consequences for humanity.