16 hours ago · Politics · 0 comments

The Agence France-Presse reporting on the U.S. president’s social-media-and-cryptocurrency-and-maybe-nuclear-fusion operation: Trump Media & Technology Group (TMTG) reported revenue of less than US$1 million for the three months ending March 31, according to a company filing. Under $4 million in annual revenue is less than how much Twitter was earning in 2009 — unadjusted for inflation — an amount Steven Levy described as “modest”. Speaking of Twitter, let us check in on SpaceX which, after a series of totally normal business deals, now owns the company and is preparing to trade publicly. Mike Masnick, of Techdirt: Remember, the plan was $26.4 billion [in Twitter/X revenue] by 2028. We’re more than halfway there. How’s it going? Well… when he combines xAI (grok) revenue with X revenue (so not even just breaking out X’s ad revenue)… we get… a total of $3.201 billion in 2025. So, just to put this in perspective… when he took over in 2022 he laid out a five year plan to take the company…

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