Why Elon Musk is so desperate for Twitter to make money

It’s been six days since Elon Musk took ownership of Twitter, and the changes have been both furious and fast. He’s proposed cataclysmic layoffs — somewhere between 50 percent and 75 percent of the company’s staff, depending on which reports bear out. He’s established an entirely new user tier, in which users will pay $8 a month (formerly $20) to receive algorithm boosts and the prestige of verification. He’s also proposed a paywall feature for videos and there are rumors of a…