Re:xAI joins SpaceX
by dmix on Monday February 02, 2026 @07:56PM
(#46864755)
You're right, wrote that from memory. It was EBITDA that surpassed anything Twitter previously had before purchasing it.
> Despite a revenue drop from $5 billion in 2021 to roughly $2.7 billion in 2024, the EBITDA margin surged from 13.6% to 46.3% due to drastic cost-cutting measures and restructuring
> Despite a revenue drop from $5 billion in 2021 to roughly $2.7 billion in 2024, the EBITDA margin surged from 13.6% to 46.3% due to drastic cost-cutting measures and restructuring
https://x.com/ekmokaya/status/1887398225881026643