Twitter is a company that is still not profitable with recorded 221 million net loss in 2021. Nearly 90 percent of its revenue comes from ads and another 10 percent are generated by data licensing, as they call it, which are custom services that are offered to corporations. Since its foundation, no executive has found another reliable way for the company to make money and that is bad, since its user growth is slow to say the least. Twitter tried to make some partnerships with TV networks in the past to generate more engagement, but that experiment was not very successful. The company's monetizable users grew by only 24 percent from 2019-2021 in the midst of a worldwide pandemic. This figure is dwarfed by the other tech giants and they are way, way more diversified than Twitter. Actually, the Twitter situation might be even worse than Netflix's, cuz at least NFLX is somewhat profitable, has a better business model and there is at least some hope that they might continue to grow in the future by making higher quality productions, charging customers more or expanding into streaming.
If the court rules in favour of Elon, I can't see any bullish argument about this company. What is your opinion?
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