wall-street-journal 1 year ago
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How Musk’s Twitter Could Finally Break Even Soon | WSJ

Twitter is over $13 billion in debt. Many advertisers like Chipotle and United Airlines have fled. But CEO Elon Musk said the social media company has a shot at hitting profitability and becoming cash-flow positive within a few months.

Here’s why Musk is optimistic about the company's revenue comeback, and how his purchase contributed to Twitter’s cash problem.


00:00 | Twitter has not had an annual profit since 2019

00:48 | Twitter’s cash flow problems before Elon Musk

01:27 | Twitter’s financial situation after Musk purchased the company

05:18 | Can Musk turn it around and make Twitter profitable?

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