Note that EBITDA can be positive but the company not be profitable. The interest on the loans is likely substantial.

Still sounds like progress being made.

https://x.com/Austen/status/1887363437518270757

Remember how Elon bought Twitter and totally destroyed the company through his own hubris? (At least that’s what I read).

Turns out it’s not only profitable, but profit has doubled since he took it private.

The loans are selling at 97 cents on the dollar. They did it.

not profitable to start with
babyman "Emeraldmine Musky" makes it worse
???
profit?