Between May 18 and 20, Elon Musk’s SpaceX group released new company information on both sides of the Atlantic, revealing the true extent of the collapse in the business of the former Twitter since the US billionaire completed its acquisition on October 27, 2022. While it has never generated significant profits, Twitter’s previous life as a US-listed standalone social media platform with an Irish-based subsidiary booking revenue and (non-existent) profits for its business outside the Americas was at least showing revenue growth. The fall in revenue confirmed in this month’s filings is even more dramatic when placed in the context…

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