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Yeah, still tough. More like 5X - 10X. Definitely not the 200X disparity claimed by parent though.

Apple had $1M profit per employee in 2021.

What’s an achievable PPE for a business like New Twitter? If you say $500K, and if you subscribe to The Headcount Method of Valuation, that implies Musk will need to 10X headcount from this low point to break even in 10 years.

(I question the premise though — I don’t think the plan is “extract $44B in cash by 2032.”)



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