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.
0:00 Twitter has not had an annual profit since 2019
0:48 Twitter’s cash flow problems before Elon Musk
1:27 Twitter’s financial situation after Musk purchased the company
5:18 Can Musk turn it around and make Twitter profitable?
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Twitter #ElonMusk #WSJ
Here’s why Musk is optimistic about the company's revenue comeback, and how his purchase contributed to Twitter’s cash problem.
0:00 Twitter has not had an annual profit since 2019
0:48 Twitter’s cash flow problems before Elon Musk
1:27 Twitter’s financial situation after Musk purchased the company
5:18 Can Musk turn it around and make Twitter profitable?
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Twitter #ElonMusk #WSJ
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- Television
- Tags
- twitter stock, twitter news today, twitter revenue
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