Elon Musk tweeted Sunday that the last few months have been “extremely tough,” but that Twitter is “now trending to break even.”
Elon Musk tweeted Sunday that the last few months have been"extremely tough," but that Twitter is"now trending to breakeven."
Musk, who is also CEO of Tesla and SpaceX, said in a tweet that he has had to"save Twitter from bankruptcy" while also fulfilling his roles at his other companies. Since acquiring the company for $44 billion late last year, Musk has carried out a rocky takeover of the social media platform. Twitter CEO Elon Musk said Sunday that the last few months have been"extremely tough," but the social media company is"now trending to breakeven." CNBC was not able to independently verify this claim.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk says bots with ‘good content’ can use Twitter’s API for freeElon Musk partially reversed his API policy.
Read more »
Elon Musk Wants to Charge Businesses on Twitter $1,000 per Month to Retain Verified Check-MarksElon Musk’s Twitter needs cash — and now the mega-billionaire wants companies and brands to fork over $1,000 monthly to get verified check-marks on his social network. Twitter is asking organ…
Read more »
Elon Musk’s Twitter To Start Charging Businesses $1k A Month To Keep Gold Checkmark – ReportElon Musk continues to look for ways to make Twitter profitable and make back his investment. The new strategy takes aim at businesses and their brands on the social media platform. Well-known bran…
Read more »
Elon Musk tweeted that legacy Twitter Blue will soon be shut downElon Musk said he's getting rid of the 'legacy' Twitter Blue badge, the longtime free verification for labeling famous and notable users
Read more »
VC Marc Andreessen complained to Elon Musk about Twitter glitchesElon Musk is changing Twitter so much, even investor Marc Andreessen is getting upset and complained to him directly
Read more »
VC Marc Andreessen complained to Elon Musk about Twitter glitchesElon Musk is changing Twitter so much, even investor Marc Andreessen is getting upset and complained to him directly
Read more »