Actually, I subscribe to the theory that Spez & Musk don't care about losing money, because they are being paid under the table more than they're losing by far right dark money to destroy Twitter & Reddit. Both sites were pretty left leaning before the crap hit the fan, and the right are trying purge all liberals from them. I know it seems pretty "tin foil hat"-ish, but it also makes perfect sense when you look at how they've done everything they can to run the sites into the ground.