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Could X go bankrupt under Elon Musk?
(www.bbc.com)
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this post was submitted on 03 Dec 2023
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Does it even matter? Twitter is a cesspool! It only has 1500 employees. In the grand scheme of things there will be negligible economic backlash from this company going under.
Nobody really cares if Elon loses all that money and the 1500 employees will be able to find employment elsewhere.
It's not the economic side of twitter that matters, but the informational aspects of the network which are now lost, that is the sad thing. It was used by many journalists and other important peer groups as a live news source for which there is currently no equivalent replacement.
I completely agree. Thanks to Elon it would be better to take this horse out to pasture at this point.