I don’t see anything in what you wrote really support that Twitter did well after firing 80% of its staff.

As for this:

> Twitter as a company was doing quite poorly leading up to the acquisition

This is objectively false. 2020 revenue for Twitter was $3.71B while 2021 came in at $5.07B. The company was on a growth trajectory and path to profitability.

In fact, after the acquisition, the ad revenue dropped by a lot. https://www.businessinsider.com/x-revenues-plunged-months-af...

All of this is public information.