Birdwatch Note Rating
2022-11-05 01:21:02 UTC - HELPFUL
Rated by Participant: 9A34E4C4105CCAF7A9EE397741E0666D09D3E301B3F2BFF4FD7AFC6D4EB91689
Participant Details
Original Note:
"Losing over $4M/day" does not reflect the operating income of Twitter, which over the past five years has varied between losing $0.77M/day to earning $1.24M/day. https://finance.yahoo.com/quote/TWTR/financials?p=TWTR Most of the $4M/day loss arises from debt costs ($1.2B/year, $3.29M/day) created by Elon Musk's acquisition. https://www.bloomberg.com/news/articles/2022-10-12/musk-s-twitter-buyout-gambit-is-getting-costlier-by-the-day
All Note Details