• XLE@piefed.social
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    4 hours ago

    It’s not news that they are losing money, but it is news that they are losing tremendously more money than they were previously losing.

    • 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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      3 hours ago

      It does weaken the argument that scaling up is the path to profitablity, but of course they’ll just claim more money and scaling is the way to go. If the market remains manic they can get away with it.