Look at the revenues per quarter. It was growing in 2023, but declined in the first quarter of 2024, but I wouldn't say you can make conclusions for 2024 from one quarter.
No one is comparing year over year, there's been barely a year since the acquisition. I said the "arrow" over the latest few quarters was generally UP, in response to a mistaken argument that Twitter/X has collapsed. I am not trying to say Elon is great or something like that, I am making an observation of what the charts say, that's all. I don't know if the charts are 100% accurate, but I have no reason to doubt either... Why anything that may be positive about X is so controversial, even something as uncontroversial as the direction of an arrow on a damn graph? People seem to lose all rationality over this guy, what the hell is going on?! Do you actually have figures showing completely different results?? IF no, why all of a sudden people are so completely skeptical of it?! Sounds like discussions about climate change: someone shows a chart with temperatures way up, all of a sudden everyone is an expert and points out it was higher 60 million years ago or whatever, or the data cannot be fully trusted because they learned in high school that these are just estimates or other crap on the same vein. It's embarrassing for the human race.
The point has nothing to do with Elon. It's just the correct way to analyze revenue graphs due to seasonality. Whether or not X is "collapsing" isn't obvious from the graphs either, and I made no such claim. We'd need to know other things that aren't public, and it's probably too early to tell anyway. But it's incorrect to say that revenue is growing. It's down quarterly YoY, which is the only real meaningful way to look at it.
Further, everything after Musk bought it is just a guess. Without public audited numbers, who knows what is going on. If I had to bet, I would guess the numbers are even lower than estimated - if things were hunky dory, I doubt they would be suing their customers (advertisers).
