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Musk Says Twitter May Be Cash Flow Break-Even Soon

Elon Musk said Twitter Inc. may break even on a cash-flow basis in the second quarter and has a shot at even going positive. The cost of servicing the debt is around $1.5 billion annually, about equivalent to its current cash burn rate.

1 min read
  • Twitter Inc. may break even on a cash-flow basis in the second quarter and has a shot at even going positive.
  • The company has been working on making its advertising more relevant.
  • The cost of servicing the debt is around $1.5 billion annually, about equivalent to its current cash burn rate.
Musk Says Twitter May Be Cash Flow Break-Even Soon
Twitter Inc. may break even on a cash-flow basis in the second quarter and has a shot at even going positive, according to owner Elon Musk.
BloombergEdward Ludlow

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