"Twitter" Continues to Incur Losses Despite Restructuring Efforts

"Twitter" Continues to Incur Losses Despite Restructuring Efforts

Fərid Əlizadə · Texnologiya ·

Innovations and changes in the technology sector continue to impact our daily lives. Information about the latest developments, new product introductions, and company strategies in this field is of great importance to those interested in the world of technology. These news items help to understand the latest trends in the technology sector and to prepare forecasts for the future.

Redaksiya reports that "Twitter," which has been rebranded as "X," continues to suffer due to its restructuring process under the leadership of Elon Musk. The company's financial reports show negative results despite restructuring efforts. According to the reports for the third quarter of 2025, the company's total revenue reached $752 million, an increase of 17% year-on-year.

In addition, profit before tax and interest amounted to $454 million, but after considering all expenses, a loss of $577 million was recorded. These figures indicate that the company's restructuring process has not yet created financial stability. At the same time, "Tesla" has also achieved success in chip production. The company's revenue for the first 9 months reached $2 billion, an 18% increase. Although the company's revenue target for 2025 is approximately $3 billion, the imbalance of expenses remains the main obstacle to profitability.