▲ 350 ▼ Could X go bankrupt under Elon Musk? (www.bbc.com) submitted 2 years ago by misk@sopuli.xyz to c/technology@lemmy.world 171 comments fedilink hide all child comments
[+] dinckelman@lemmy.world 10 points 2 years ago* (last edited 10 months ago) (1 child) [deleted] permalink fedilink source hideshow 2 child comments replies: [–] averyfalken@lemmy.blahaj.zone 5 points 2 years ago (1 child) I mean it was kinda destined to go bankrupt even under rge old owners. It only really ever produced a profit for like six months and was surviving of investor money permalink fedilink source parent hideshow 2 child comments replies: [–] squiblet@kbin.social 1 point 2 years ago It was losing money but not a huge amount. They could have made reasonable cuts (compared to how Elron slashed 75% of staff) and been profitable, probably. permalink fedilink source parent
[–] averyfalken@lemmy.blahaj.zone 5 points 2 years ago (1 child) I mean it was kinda destined to go bankrupt even under rge old owners. It only really ever produced a profit for like six months and was surviving of investor money permalink fedilink source parent hideshow 2 child comments replies: [–] squiblet@kbin.social 1 point 2 years ago It was losing money but not a huge amount. They could have made reasonable cuts (compared to how Elron slashed 75% of staff) and been profitable, probably. permalink fedilink source parent
[–] squiblet@kbin.social 1 point 2 years ago It was losing money but not a huge amount. They could have made reasonable cuts (compared to how Elron slashed 75% of staff) and been profitable, probably. permalink fedilink source parent