[0] article quote:

"During the last full year prior to Musk’s takeover, Twitter reported adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of about $682 million and about $5 billion in revenue.

In 2024, X had an EBITDA of about $1.25 billion and annual revenue of $2.7 billion.

While X’s revenue is about half of what it used to be, the company’s costs are just about a quarter of what they were before.

As per the WSJ, investors noted that these were better figures than they had anticipated."

Even this [1] hilariously biased article is forced to admit in the middle that yes, X's profits have gone up since Musk took over.

"Now X also, of course, has reduced its overheads significantly, by culling around 80% of staff, so X’s profit margins are now much better as a result."

[0] https://www.teslarati.com/elon-musk-x-doubled-ebitda-since-2...

[1] https://www.socialmediatoday.com/news/x-is-still-far-from-pr...