Then how does Twitter make money?

According to their latest quarterly report they had $1.18B in revenue, $1.08B from advertising. Is there really enough potential in "premium users" or something else to forgo that billion dollars per quarter?

https://s22.q4cdn.com/826641620/files/doc_financials/2022/q2...

Musk can afford to sink money into it. It’s an important enough propaganda platform to be worth operating even at a less.