this post was submitted on 25 Nov 2023
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X may lose up to $75 mln by year-end on advertiser exodus - NYT (www.reuters.com)
submitted 11 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world
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[–] SkyezOpen@lemmy.world 15 points 11 months ago (2 children)

75 bucks is the minimum though. It could be like... 37 billion.

[–] mihies@kbin.social 19 points 11 months ago

X is already worth less than half of buying price. And this is income loss, not net worth. Which will eventually lead to the later or if not to bankruptcy.

[–] stifle867@programming.dev 2 points 11 months ago (1 children)

I don't think Twitter ever even had ad revenue that high right?

[–] SkyezOpen@lemmy.world 1 points 11 months ago

5 trillion then.