Depending on the metric (e.g. MAU, DAU, web impressions etc) X is generally down about 3-20% since Elon's takeover. Seems fair to say X is a 'break even' investment at best.
It will be extremely interesting to re-visit this thread in 10 years. X is currently a gateway for promoting Grok (with 11-figure DAU potential), and X is acquiring financial licences in US states, with a view to becoming an 'everything app' (something which the East seems to have - in the forms of wechat, Grab - but the West weirdly doesn't). If X can be the West's first 'everything app'.. trillion+ dollar valuation isn't out of the question.
It will be extremely interesting to re-visit this thread in 10 years. X is currently a gateway for promoting Grok (with 11-figure DAU potential), and X is acquiring financial licences in US states, with a view to becoming an 'everything app' (something which the East seems to have - in the forms of wechat, Grab - but the West weirdly doesn't). If X can be the West's first 'everything app'.. trillion+ dollar valuation isn't out of the question.