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Re:xAI has acquired X, xAI now valued at $80B by fastball on Saturday March 29, 2025 @01:16AM (#43512953)
Isn't X more profitable than Twitter was?
Re:xAI has acquired X, xAI now valued at $80B by kacesensitive on Saturday March 29, 2025 @01:34AM (#43513039)
Yeah it is more profitable but revenues are way down.

In 2021, the last full year before Musk's acquisition, Twitter generated $5.08 billion in revenue.

Under Musk's ownership, X's revenue has declined significantly. In 2024, X reported $2.7 billion in revenue, which is nearly half of its pre-acquisition level. For 2025, global ad revenue is projected to grow to $2.26 billion, marking its first annual increase since the acquisition.

So yes on paper, X is more profitable than Twitter was before the acquisition. Its 2024 adjusted EBITDA nearly doubled Twitter’s best year, despite a much smaller revenue base. But whether that profitability is sustainable or comes at too high a cost—strategically, reputationally, and culturally—remains an open question.

Re:xAI has acquired X, xAI now valued at $80B by raydev on Saturday March 29, 2025 @03:27AM (#43513539)
You didn't actually show profitability here. I think if it were actually profitable, Musk would've hyped it up.
Re:xAI has acquired X, xAI now valued at $80B by LightBug1 on Saturday March 29, 2025 @01:03PM (#43516907)
Lol, who did the adjusting!? ... Good old "adjusted EBITDA".
Re:xAI has acquired X, xAI now valued at $80B by fastball on Thursday April 03, 2025 @12:50AM (#43564876)
Ok, but how is that relevant? I'd much rather have a more profitable business than one with more top-line revenue.