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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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It’s not a question of IF it will. It will. Both financially, and morally
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
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.