Earlier quoted context omitted.
It is somewhat telling that those who used to dismiss all complaints about Twitter's moderation practices with a variation of the "private companies can do whatever they want" canard, are not really repeating that one anymore, or worse, seem to have abandoned that principle outright and are now complaining that the owner is, indeed, doing whatever he wants. Twitter was a $4 million a day money pit at the time of its…
> Twitter was a $4 million a day money pit at the time of its acquisition. Do you have a source for that? They lost $221M in 2021[1] which is ~$600k/day (and that was after a $800M lawsuit settlement which would have put them at ~$580M profit for 2021.) [1] https://news.yahoo.com/twitter-posts-loss-2021-stock-1301280...
Straight from the horse's mouth: https://twitter.com/elonmusk/status/1588671155766194176