Lastly - Twitter's market price has nothing to do with it's profitability. That seems obvious, but apparently needs to be said here.
It's not profitable. That's why they're cutting to the bone and not even paying a lot of their bills.
They had to make an advertising exec the nominal CEO, because a lot of advertisers have fled the platform.
https://edition.cnn.com/2023/04/27/tech/elon-musk-twitter-si...