Personally I don't use Twitter/X anymore, it has no value to me, but I understand some people find it valuable.
Twitter cannot survive at current scale with any reasonable subscription price. If advertisers come back and it shows enough ads to turn a profit users will get sick of the ads, it will turn into Facebook.
Twitter can survive with zero subscriptions and no advertisers. It’s owned by the world’s richest man.
Twitter was not bought to make money. Twitter is expenditure for narrative control.
New owner is actually the best option in my opinion too , but I don't think anyone is willing to buy it for 44b .
According to Fidelity, X’s equity is worth ~$10bn. X also has $13bn of debt on which $2bn of losses have been reserved [1]. That implies an enterprise value around $20bn.
That Fidelity gives its X stake a positive value implies it doesn’t believe Twitter will have to play by the standard rulebook when it defaults.
[1] https://www.businessinsider.com/elon-musks-lenders-expect-to...
