Elon Musk says Twitter is ‘trending to breakeven’ after near bankruptcy
Publishing timestamp: 2023-02-05 18:28:58
Summary
Elon Musk, CEO of Tesla and SpaceX, tweeted that the last few months have been tough but that Twitter is now trending towards breakeven. He has had to save the company from bankruptcy while also fulfilling his roles at his other companies. Since his acquisition of the company, there have been rocky changes, including a 40% drop in daily revenue and hundreds of advertisers halting or pulling back on spending. Musk has also faced significant shareholder backlash for his involvement with Twitter.
Sentiment: MIXED
Keywords: elon musk, enterprise, tesla inc, twitter (delisted), business news, internet, technology, social media,