Sources: bankers trying to offload ~$3B in X debt claim X had $1.2B in adjusted EBITDA in 2024, roughly flat from before Elon Musk’s buyout, a sign of recovery (Bloomberg)

Bloomberg:
Sources: bankers trying to offload ~$3B in X debt claim X had $1.2B in adjusted EBITDA in 2024, roughly flat from before Elon Musk’s buyout, a sign of recovery  —  Investors are starting to get their most complete look yet at the financial picture of social media platform X in the chaotic three years since its buyout by Elon Musk.