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Dan Romero
@dwr.eth
Revenue is either X / Twitter, Tesla or both?
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compusophy
@compusophy
i bet the X Q3 net revenue of $30M is the xAI annualized revenue of $100M, putting X profits into xAI (which he owns more of, 10% vs 60%) in september 2024, X grossed $15M through in-app purchases on mobile devices. if half of that went to xAI for the cost of licensing grok, it would account for the $100M annualized --- https://techcrunch.com/2024/10/15/elon-musks-x-still-struggles-to-grow-subscription-revenue/?guccounter=1 --- https://appfigures.com/resources/insights/20241004?f=5 ---
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