Do you have a source for the assertion that Twitter has "incredible profits?" As a private company I think their financials aren't as widely published any more, but I honestly haven't seen any information on which way their financials are going.

Fidelity who helped finance his buy out of twitter and a large owns equity stake in it.

Fidelity saying (in 2023) that X isn't worth what Elon paid for it does not mean it’s not making money and building product (in 2025). Allegedly it’s worth 44B again (: